The number of people in work has reached a record high, with 31.77 million people currently employed across the UK.
The Office of National Statistics confirmed the recent figures, which are up by 550,000 in the past year and 2.7 million since 2010.
The employment rate in the UK continues to run at a record high of 74.5 per cent and the unemployment rate holds steady at 4.9 per cent. Unemployment is at its lowest in more than ten years.
The number of women in employment has also improved, with the female employment rate standing at 69.8 per cent; the highest since records began in 1971.
The rise in employment is being attributed to the growth of full time positions, which have accounted for 75 per cent of the growth since 2010. On average, wages and bonuses have also grown by 2.3 per cent in the last year.
Work and Pensions Secretary of State, Damian Green said, “It’s great to see another record-breaking set of figures out this month with the unemployment rate at a 10-year low and wages growing healthily.”
“We know that there are fewer children living in workless households too, which underlines our efforts to help people move into employment and to build a Britain that works for everyone, not just the privileged few.”
“But there’s more to do, and we will continue to work with businesses to help more people take up the wealth of opportunities out there in the economy.”
