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UK unemployment continues to plummit

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The rate of unemployment in the UK has fallen again, to 7.7%, according to data from the Office for National Statistics (ONS).

ONS figures show 2.49m people out of work in the period September to November 2012, a 37,000 drop from the preceding three-month summer period, when unemployment stood at 7.8%.

The number of people in work totalled 29.68m, up 90,000 quarter-on-quarter.

Meanwhile, the latest reed.co.uk Job Index, which tracks employment trends across the UK, “showed that the jobs market started 2013 at its strongest for three years, with a 10% increase in new job opportunities year-on-year”, according to Reed group managing director Tom Lovell.

Earlier this week the Robert Half Professional Hiring Index, produced by recruiter Robert Half, showed 24% of 600 directors surveyed planning to increase headcount in the first half of 2013.

Kevin Green, chief executive of the Recruitment & Employment Confederation, comments: “It would be easy to get distracted by recent headlines around the big high street names such as Comet, HMV and Jessops going under, but the fact remains that the UK jobs market is continuing to improve, the overall trend is one of job creation and we are outperforming our European neighbours.”

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