Employment 'reaches record high'

14-02-2008

Employment 'reaches record high'
Record numbers of people are now in work, according to official figures.

The employment rate for working-age people was 74.7 per cent during the last quarter to December 2007, an increase of 0.3 per cent on the previous quarter and a 0.2 per cent increase on figures for the year - the highest figure since records started in 1971.

New data from the Office for National Statistics also shows unemployment is low and there are more jobs to be had.

Employment minister Stephen Timms said this was evidence the labour market was "strong and stable".

"With the right help and support more people are able to take up jobs and provide for themselves and their families where before this didn't seem an option," he added.

The ONS stated there were 677,400 job vacancies for the three months to January 2008, an increase of 7,300 over the previous quarter and 72,000 over the year.

Related categories: HR / Recruitment.


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