Unemployment falls in North East, but is still highest in the country
The latest unemployment figures suggest that with the number of unemployed in the North East falling to 125,000 during the last three months of 2012, 2000 more people are now employed in jobs.
However, the region still has the highest figure of unemployment in the country, and this is a concern that Iain Duncan Smith, the Secretary of State for Work and Pensions, continues to recognise.
Unemployment falls in the North East
It has been revealed that the number of people unemployed in the North East fell in the final three months of 2012.
According to the Office for National Statistics (ONS), some 2,000 fewer people were unemployed in the final quarter (October-December) of 2012, than in the third quarter (July-September) of last year.
A total of 125,000 people were unemployed in the North East between October and December of last year, meaning the region had an unemployment rate of 9.7%.
The unemployment rate in the North East is still the highest in the country.