After a record-breaking run, the The Office for National Statistics (ONS) reported the first fall in employment since the immediate aftermath of last year’s Brexit vote. The ONS said the number of people employed had fallen by 14,000 in the three months to September to just over 32 million. The employment rate was cut from 75.1% to 75%. The ONS said both employment and unemployment were down due to a rise in the number of the economically inactive – people who have stopped looking for work. Indeed, today’s statistics release shows the largest quarterly increase in economic inactivity since the three months to January 2010.
Source: The Guardian November 15, 2017 10:29 UTC