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Unemployment falls by 45,000
Unemployment fell by 45,000 between January and March to 2.63 million, official figures showed today.
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Unemployment falls for second consecutive month
Grayling: Changes in calculation method partly to blame for long-term unemployed rise
Employment minister Chris Grayling says an increase in long-term unemployment is in part due to changes in the way the figure is measured.
"We no longer hide people who are [long-term] unemployed," he said.
"We've put in place really substantial substantial support for the long-term unemployed," he said, with reference to the government's youth contract programme.
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Liam Byrne worried by 'surging' long-term unemployment
Shadow Work and Pensions Secretary Liam Byrne said:
"It is really worrying to see the soaring long-term costs as the number of long term unemployed surges towards the one million mark - the highest since the Tories were in Government last time.
"Long-term youth unemployment is twice the level of last year and the overall claimant count is 100,000 higher than last year. More worrying for the outlook is that the number of redundancies has surged to 50,000 more than last year and the number of vacancies is down by over 10,000."
IoD: Average earnings are way behind inflation
Responding to the latest labour market statistics, Graeme Leach, Chief Economist at the Institute of Directors, said:
Work Foundation: job figures show return of business confidence
Commenting on today’s labour market statistics, Ian Brinkley, Director at The Work Foundation, said:
Economist: Either jobs market is resilient or GDP is better than reported
Economist Dr Howard Archer, on behalf of IHS Global insight, said:
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Union boss: Collapse in wages threatens economic recovery
TUC general secretary Brendan Barber said: "Today's figures are mixed, with the welcome fall in unemployment driven entirely by part-time jobs.
"However the collapse in wages is terrible news for those in work and threatens our chances of an economic recovery.
"The falling number of full-time jobs and the 6% fall in real wages over the last two years means that people are having to make huge salary sacrifices and put their careers on hold just to stay in work.
"People's incomes and job security today are barely any better than they were at the height of the financial crash. Unless governments act together and stop our austerity misery spiral, the UK's economic depression will continue for far longer than feared."
Grayling: Unemployment figures a step in the right direction
Employment Minister Chris Grayling said:
"These figures are a welcome step in the right direction. For a number of months now, employment has been growing and this is starting to feed through into improving unemployment figures.
"However, we still face significant international uncertainty so we need to hold firm on our current economic strategy and continue to do everything we can to ensure unemployment continues to fall."
Unemployment by region
Unemployment, by region, between January to March:
- North East: 148,000 (+ 6,000) 11.5%
- North West: 329,000 (+ 11,000) 9.6%
- Yorkshire / Humber: 241,000 (- 24,000) 9%
- East Midlands: 182,000 (- 6,000) 7.8%
- West Midlands: 228,000 (- 19,000) 8.5%
- East: 207,000 (- 6,000) 6.7%
- London: 426,000 (-1,000) 10.1%
- South East: 279,000 (+ 1,000) 6.2%
- South West: 175,000 (+ 10,000) 6.5%
- Wales: 132,000 (- 1,000) 9%
- Scotland: 221,000 (- 10,000) 8.2%
- N Ireland: 57,000 (- 5,000) 6.7%
These figures show total unemployment, followed by quarterly change, followed by the unemployment rate.
Average earnings up by 0.6% in year to March
Average earnings increased by 0.6% in the year to March, 0.5% down on the previous month.
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Unemployment falls for second consecutive month
Good news for the Government as unemployment fell by 45,000 and the number of dole claimants dipped for the second month in a row.