The UK employment rate has soared to new heights, once again hitting its highest point since comparable records began in 1971.
Office for National Statistics data for the three months September to November 2015, released this morning, reveals an employment rate (the proportion of the population in work aged 16 to 64) of 74%, up from 73.9% on the previous month’s findings.
The data reveals 31.39m people are in work, 267,000 more than for June to August 2015 and 588,000 more than for a year earlier, while the unemployment rate was 5.1%, the lowest rate for more than a decade and down from 5.8% in the same period last year.
Employment rose across all age groups except 35-49-year-olds. For this group the employment rate marginally decreased from 10,699,000 to 10,696,000 over the quarter.
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