by Staff writer
According to a new data from the Office for National Statistics, 1.36 million people are currently unemployed in the UK.
But the agency says this figure is at its lowest level since over 40 years.
There are currently 32.40 million people in work, a number that has a little changed compared with that from February to April 2018.
The employment rate – the proportion of people aged from 16 to 64 years who were in work – was 75.5 per cent.
“We haven’t had a lower unemployment rate for over forty years and I’m especially proud that youth unemployment is at a record low, falling by over 45 per cent since 2010 – opening up career opportunities for our next generation,” the Secretary of State for Work and Pensions, Esther McVey, said.
The ONS said job vacancies rose by 14,000 in the period to 833,000 – a record high.
But the unemployment figure could be set to rise as the number of people claiming benefits for being unemployed rose in August.
The number of people classed as economically inactive rose by 108,000 to 8.76 million in the last three months, giving a rate of 21.2 per cent of the workforce.
They include including students, those on long-term sick leave, or taken early retirement, or who have given up looking for work.
The number of self-employed workers decreased by 46,000 to 4.8 million.
