Britain’s workforce grew by 24,000 to 29.76m from February to April compared with the previous quarter, the highest since records began in 1971. This was mainly due to a rise in the number of pensioners seeking work or putting-off retirement.
The number of Britons claiming jobless benefits fell by 8,600 to the lowest level in two years in May, the Office for National Statistics said on Wednesday, its seventh consecutive drop, and more than analysts forecasts for a drop of 5,000.
The number of people without a job, based on the wider ILO measure, fell by 5,000 to 2.51m in the three months to April. The jobless rate held steady at 7.8pc, as expected.
The number of over-65s in work is now at the highest level since records began in 1992, with almost one in 10 people in this age group now employed.
Wednesday’s data also showed that more stay-at-home mums were forced to seek work during the quarter. While the number of men aged between 16 and 64 who dropped out of the workforce increased by 63,000, the number women in this age group classed as “economically inactive” fell by 23,000.
Source: The Telegraph
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