Unemployment falls to 2.45 million

Unemployment for the last quarter fell by 33,000 to 2.45 million, the largest quarterly fall since the three months to July 2007.

The unemployment rate fell by 0.1% on the quarter to reach 7.8% for the three months to January 2010.

But the number of people unemployed for more than 12 months increased by 61,000 over the quarter to reach 687,000, the highest figure since the three months to August 1997.

Readers' comments (1)

  • Unemployment data is meaningless without knowing the movement in public sector employment. The latest ruse is people going in to teaching as a desperate measure to find work. There is no growth in this economy outside the public sector. Recovery cannot take place while we fail to stimulate the real econonmy

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