Unemployment drops by 121,000 to 2.12 million

Unemployment fell by 121,000 to 2.12 million between March and May, official figures published by the ONS showed today. Figures also revealed that overall pay - including bonuses - climbed by just 0.3% compared with the three months to May in 2013, which is the lowest increase since the financial crisis in 2009.

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McVey: Employment rise reward for country's resilience

The country's "resilience" during the economic downturn "is being rewarded" after figures released today showed a fall in unemployment, Employment Minister Esther McVey said.

Employment Minister Esther McVey. Credit: PA

She said: "An important milestone has been reached in our country's recovery. With one of the highest employment rates ever, it's clear that the Government's long-term economic plan to help businesses create jobs and get people working again is the right one.

"With an employment rate which has never been higher, record women in work and more young people in jobs, the resilience of the country during the downturn is being rewarded.

"We know there is more to do, and the best way to do so is to go on delivering a plan that's creating growth and jobs."

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