UK unemployment falls by 45,000

UK unemployment fell by 45,000 in the three months to March to stand at 2.63 million, according to figures from the Office for National Statistics.

The unemployment rate was 8.2% of the economically active population for January to March 2012, down 0.2% on the quarter.

The inactivity rate for those aged from 16 to 64 was 23%, down 0.1% on the quarter. There were 9.25 million economically inactive people aged from 16 to 64, down 35,000 on the quarter.