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Press release: Number in employment reaches record high

first_imgContact Press Office Read the Labour Market Statistics – January 2018 from the Office for National Statistics. Twitter – www.twitter.com/dwppressoffice Facebook – www.facebook.com/dwp LinkedIn – www.linkedin.com/company/dwp YouTube – www.youtube.com/dwp We had a record-breaking 2017 for employment, and I’m delighted to see this trend continue as we enter the new year. The number of people in work is at an all-time high and the unemployment rate has not been this low for over 40 years. At this time of year, straight after Christmas, people might be feeling a squeeze on their finances. We’re determined to help people keep more of what they earn. That’s why we’ve increased the National Living Wage, introduced Universal Credit to offer greater flexibility and taken millions of people out of income tax altogether by raising the tax-free personal allowance. Secretary of State for Work and Pensions, Esther McVey, said: Separate figures also released today show there are 700,000 people claiming Universal Credit as the rollout of the new benefit continues, with 42% in employment. England and Wales (local media enquiries) 029 20 586 then 097 or 098 or 099 This is a rise of 415,000 compared to last year’s figures.The figures, released by the Office for National Statistics, also show that unemployment is at its lowest level since 1975. Scotland (local media enquiries) 0131 310 1122center_img there are a record 810,000 vacancies in the economy at any one time the number of people in employment has increased by over 3 million since 2010 the UK has the third highest employment rate in the G7 the number of workers aged 50 plus has reached a record 10 million youth unemployment has fallen by over 40% since 2010 Out-of-hours (journalists only) 07623 928 975 In 2017, at least 10 employment records were broken. The employment rate and the number of people in work, the number of women in work and black and minority ethnic employment all reached record highs during the year.Today’s employment figures also show: Follow DWP on: Press Office London Press Office (national media and London area enquiries only – not questions about personal claims) 020 3267 5144 Caxton HouseTothill StreetLondonSW1H 9NAlast_img read more

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