Unemployment Rate Fell In September
The number of people out of work fell in September, delivering unexpected good news for the economy.
But the figure rose by 30,000 from July to September, compared to the three months from April to June, the Office for National Statistics said.
The quarterly rise in unemployment was the smallest since spring last year.
There was a small increase of 6,000 in the number of people in work to almost 29 million, the first quarterly rise since the summer of last year.
But the youth unemployment rate reached a record high of almost 20%.
The number of 16 to 24-year-olds on the dole was up by 15,000 to 943,000, giving a rate of 19.8%, a record high.
The number of 18 to 24-year-olds out of work rose by 24,000 over the three months to 746,000, a rate of 18%, the highest since 1992.
Other figures showed that the number on jobseeker’s allowance rose by 12,900 in October to 1.64 million, the 20th consecutive monthly increase, giving the worst total for 12 years.
Source : Sky News
