UK unemployment falls by 35,000

UK unemployment has fallen by 35,000 to stand at 2.65m, according to figures from the Office for National Statistics.

The fall, which covers the December 2011 to February 2012 period, is the first quarterly fall since May 2011. The unemployment rate was 8.3% of the economically active population, down 0.1% on the quarter.

The inactivity rate for those aged from 16 to 64 was 23.1%, down 0.1%on the quarter. There were 9.27 million economically inactive people aged from 16 to 64, down 25,000 on the quarter.