Contractors will certainly be pleased to hear that the latest Office of National Statistics (ONS) figures have shown an increase in job creation, with the number of unemployed in the UK, falling by 18,000 to 2.49 million.
During June to August of this year, the rate of people who were unemployed remained unchanged at 7.7%, from the last three months.
The ONS report also found that average earnings rose by 0.7%, and those claiming Jobseeker’s Allowance fell by 41,700 during last month.
Esther McVey, Employment Minister, said, “Today’s figures show a rise in employment of more than a million under this Government, and they show that there are now more people in work than ever before.
“That’s a really positive sign of growth in the UK economy, and a credit to British businesses for creating those jobs.
“We are not complacent – there’s still work to do – but with more than 500,000 vacancies currently available, and with all the signs being that the economy is turning a corner, we can see that there are opportunities out there for hardworking people who aspire to get on in life.”
Kevin Green, REC CEO, commented on the ONS findings, “Today’s figures show more jobs being created and that both the recovery and business confidence are strengthening. This positive trend reflects that data we get from recruiters that shows the jobs market continues to pick up momentum.
“New employment minister Esther McVey points out the importance of flexible working in the labour market with more than 4 out of 5 of people with part-time jobs choosing to work in this way. It’s important that politicians from all the major parties don’t undermine our dynamic flexible jobs market with more regulation as our labour market starts to lift off.”
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