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UK Unemployment Falls in August

12882361_mNew figures by the Office for National Statistics show that unemployment figures in the UK have fallen during the build up to August.

In the three months to August unemployment fell by 50,000 to 2.53 million. The unemployment rate is now at its lowest for a while, at 7.9%.

The number of people claiming Jobseeker’s Allowance has also decreased by 4,000. The Office for National Statistics has also reported that the number of people working in paid positions is at an all-time high of 30 million.

One of the most worried about age categories when it comes to employment is 16-24, with many young people struggling to find work. But the employment rate for this age group was at 71.3% for the June – August period – its highest for almost three years.

The figures also suggest that employers are now opening up more opportunities and there are more jobs available. The number of unfilled vacancies was recently reported as 476,000. Compared to last year it’s an increase of job opportunities.

Unemployment figures are also decreasing in other parts of the UK. The number of unemployed people in Wales decreased by 7,000 and there are now 1.37 million people in paid positions throughout Wales. However figures in Scotland have increased slightly.