Employment reaches another record high

people-walking-to-work-employment

The employment has reached another record high, according to official statistics.

Employment rate is currently at a record high of 75.3 per cent, with a record 32.14 million people in work.

The employment rate is currently at its highest level since records began, back in 1971.

The figures, released by the Office of National Statistics, also show that unemployment is at 4.3 per cent – the lowest since 1975.

Female employment rate is also at a record high, currently standing at 70.8 per cent, with over 15.1 million women in work.

The increase is due to people of all ages finding work, with employment levels of those over 50 in work reaching a record high, youth unemployment falling by over 40 per cent since 2010 and the proportion of young people who are unemployed and not in full time education dropping below five per cent for the first time.

Damian Hinds, Minister for Employment said, “The strength of the economy is helping people of all ages find work, from someone starting their first job after leaving education, to those who might be starting a new career later in life.”

“Britain’s employment success is largely about a growth in full-time and permanent work, as employers invest in Britain and offer quality job opportunities that put more money into people’s pockets.”

“But there is more to do, and we will continue to build on our achievements through our employment programmes and the work of Jobcentre Plus.”

Alison Simpson
About the author

Alison is the Digital Content Editor for WeAreTheCity. She has a BA Honours degree in Journalism and History from the University of Portsmouth. She has previously worked in the marketing sector and in a copywriting role. Alison’s other passions and hobbies include writing, blogging and travelling.

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