Unemployment Rate Hits 44-Year Low

The Office for National Statistics (the ONS) has confirmed that unemployment has fallen to a 44-year low. Unemployment fell to 3.9% from last month’s figure of 4.0%, the lowest level since 1975. The number of people in employment has also increased by 222,000 people to 32.7 million, the highest figure on record.

Alok Sharma, the Minister of State for Employment, said in a statement:

“Today’s employment figures are further evidence of the strong economy the Chancellor detailed in last week’s spring statement, showing how our pro-business policies are delivering record employment.

2019 has continued to be a record breaker, with the employment rate topping 76% for the first time, record female employment and unemployment falling below 4% for the first time in 44 years.

Our jobs market remains resilient as we see more people than ever before benefiting from earning a wage. By backing the government’s Brexit deal and giving certainty to business, MPs have the chance to safeguard this jobs track record.”