UK Jobless Rate Slows in 3rd Quarter

According to the Office for National Statistics (ONS), the UK lost 21,000 jobs between August and October, bringing the total number of officially unemployed to 2.49 million. The good news however, is that this was the lowest three-month total since the second quarter of 2009.

“It is still tough for a lot of people and we still expect unemployment to increase again in the New Year. So we are determined to do more, supporting a total of 400,000 extra youth opportunities over the next 18 months,” said Yvette Cooper, Secretary of State for Work and Pensions.

BBC News

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