As logistics starts to face peak, UK employment rate hits record high

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Minister for Employment, Damian Hinds, Wed Aug 16th said:

There are now 338,000 more people in work compared to this time last year.

 

 

DWP reported this week, OVER 3 MILLION MORE PEOPLE IN WORK SINCE 2010

  • Employment rate at record high 75.1% with a record 32.07 million people in work.
  • Unemployment down 57,000 on the quarter and is at lowest rate since 1975.
  • The number of people in employment has increased by 3 million since 2010, with over 75% of the increase being in full time work.

Official figures released today show the unemployment rate has fallen to 4.4% – the lowest level since 1975.

According to the Office for National Statistics, the number of people in work is at the highest level since records began in 1971. The record figures have been driven by increases in the number of people in secure work – over 75% of the increase in employment over the past seven years has been in full-time work.

IoC