Slight fall in British unemployment

Britain’s unemployment rate fell marginally to 7.7% in the third quarter of the year, down 0.1 percentage points from the second quarter according to the Office for National Statistics (ONS).

The total number of people unemployed fell 9,000 in the three months to September to reach 2.45m. The number of people claiming jobseeker’s allowance also fell by 3,700 during the quarter to hit 1.47m.

Meanwhile, the number of people in employment increased by 167,000 on the quarter to reach 29.19m. (article continues below)

Employment is now up 286,000 on the year, but remains 210,000 lower than two years previously.

The employment rate for those aged 16-64 was 70.8%, a 0.1 percentage point rise on the last quarter.