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Unemployment rates fall

Released this month by the Office for National Statistics (ONS), figures for September to November 2012 have revealed that the unemployment rate was 7.7 per cent of the economically active population. This figure is down 0.1 per cent on that from June to August 2012 and down 0.7 per cent on the equivalent period in the previous year.

This means that 37,000 fewer people were unemployed than during the previous three months.

The number of people seeking Jobseekers' Allowance also fell by 12,100 between November and December, dropping to 1.56 million.

In terms of the younger generation, the employment rate for those aged 16 to 64 was 71.4 per cent - up 0.1 per cent on the previous three months and 1.1 per cent on a year earlier.

While it is still recognised that pay rises are not matching the steady 2.7 per cent rate of inflation, the findings by the ONS have shown that total pay (including bonuses) rose by 1.5 per cent compared with the equivalent period in 2011, while regular pay excluding bonuses rose by 1.4 per cent.

Aaron Wallis are a Milton Keynes recruitment business that specialises in Sales Recruitment. For Milton Keynes sales jobs visit www.aaronwallis.co.uk.

Posted by Richard EsquilantADNFCR-1617-ID-801527325-ADNFCR

23/01/2013