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Latest unemployment figures show more positive moves in jobs market

Unemployment has fallen to 2.46 million – the first time in 18 months - according to the latest Office of National Statistics figures published today.

According to the ONS, the number of people out of work fell 7,000 in the period between September and November, while at the same time numbers taking on part-time work had risen considerably. 

These latest ONS figures support data produced by the REC over the past six months including Report on Jobs, which has shown that the jobs market is improving. 

The REC’s January JobsOutlook published yesterday had more positive news with 94 per cent of employers saying they were not planning any more job losses with one in five expecting to increase their permanent workforce in the next 12 months.  

Kevin Green, the REC’s Chief Executive said of the figures: “The REC was the first business organisation which predicted the jobless total would not reach the three million mark. Today’s figures are positive news and tie in with the more upbeat feedback we are getting from members on the ground.   

“Our own data indicates that the labour market is now in recovery mode although it is still a difficult time for recruiters and the road back to full employment will be slow. Looking ahead, our key messages to government will focus on the need to harness the positive contribution of the industry and to implement new employment regulations in a way that does not hinder future job opportunities.”