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UK unemployment falls to 2.59m

The number of people out of work fell by 7,000 to 2.59 million in the three months to July, compared with the previous three month period, according to figures from the Office for National Statistics.

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The unemployment rate was 8.1 per cent of the economically active population, down 0.1 on the quarter.

The employment rate for those aged from 16 to 64 was 71.2 per cent, up 0.5 on the quarter. There were 29.56 million people in employment aged 16 and over, up 236,000 on the quarter.

The inactivity rate for those aged from 16 to 64 was 22.4 per cent, down 0.5 on the quarter. There were 9.01 million people out of work aged from 16 to 64, a fall of 181,000 on the quarter.

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