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Unemployment and zero-hour contracts down in latest jobs data

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The UK employment rate is at its highest level since comparable records began in 1971, according to the latest data released by the Office of National Statistics today.

The ONS also revealed that 20,000 fewer people are on zero-hour contracts compared to this time last year, with 883,000 depending on zero-hour employment for their main income.

“Estimates from the Labour Force Survey show that, between January to March 2017 and April to June 2017, the number of people in work increased, the number of unemployed people fell, and the number of people aged from 16 to 64 not working and not seeking or available to work (economically inactive) also fell,” the ONS said.

The employment rate is at 75.1% and the unemployment rate is now 4.4%, down from 4.9% last year and the lowest since 1975.

“Latest estimates show that average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 2.1%, both including and excluding bonuses, compared with a year earlier,” the data revealed.

There are now 32.07m people at work in the UK, 125,000 more than in the first three months of the year and 338,000 more than this time last year.

 

 

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