Unemployment is never good news

Of course today's news is a lot better than we have seen over recent months. There are 82,000 fewer are jobless - and youth unemployment has fallen.

Indeed, today's fall is the biggest quarterly drop since 2001. It is a welcome break from the gloomy economic news we are living through.

However, unemployment is never good news. Long term jobless remain stubbornly high and there has been a drop in self employed.

Now we must look carefully at the statistics to see if there are any signs at all of the Governments Work Programme performing better - last month figures emerged suggesting it is having almost no impact.

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Unemployment falls by 82,000

Unemployment fell by 82,000 between August and October to 2.51 million, official figures showed today.