Britain's unemployment rate has plunged to 4% - a level not seen in more than 40 years
The ONS said that the UK's unemployment rate, those not in work but who want a job, dropped from 4.2% over the previous period.There were 1.36 million unemployed people in the UK over the three months, the ONS said, down 65,000 from the previous data period.
"The number of people in work has continued to edge ahead, though the employment rate was unchanged on the quarter," senior ONS statistician Matt Hughes said in a statement."However, the number of vacancies is a new record high, while the unemployment rate is now at its lowest since the winter of 1974-75."
The high number of vacancies suggests that the number of Brits in employment could rise significantly in the near future.More follows ...
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