Unemployment falls to 2.59m

The number of people unemployed in Britain fell by 7,000 between May and July to 2.59 million people. But youth unemployment has increases by the same figure. The number claiming jobseeker's allowance last month fell by 15,000 to 1.57 million.

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'More people in full-time work will aid economic recovery'

The chairman of the Federation of Small Businesses John Walker said the fall in unemployment was good news but more people needed to find full-time work for the economy to recover. He added:

Policies targeted at stimulating job creation, such as extending the National Insurance contributions holiday, are needed to give small firms the confidence to create full-time positions and take on staff.

– John Walker, chairman of the Federation of Small Businesses


London 2012 'boosts UK employment figures'

London 2012 is thought to have helped drive a further fall in UK employment after another leap in the number of people in work, the Office for National Statistics said.

Fireworks explode over the Olympic Stadium during the Paralympic Games closing ceremony. Credit: Gareth Fuller/PA Wire

The number of people in work increased by 236,000 to 29.6 million, which is the largest quarterly rise for two years. The Games was likely to have been a factor behind the jump in employment, with London accounting for 91,000 of the rise.

The Games also accounted for 5,500 of the fall in the jobless claimant count.


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