UK unemployment figures show slight increase

UK unemployment has risen by 28,000 to stand at 2.67m, according to figures from the Office for National Statistics.

The unemployment rate was 8.4% of the economically active population, up 0.1% on the quarter.

The inactivity rate for those aged from 16 to 64 was 23.1%, down 0.1% on the quarter. There were 9.3 million economically inactive people aged from 16 to 64, down 27,000 on the quarter. There were 29.12 million people in employment aged 16 and over, up 9,000 on the quarter.

Total pay, including bonuses, rose by 1.4% on a year earlier, down 0.5% on the three months to December 2011. Regular pay, excluding bonuses, rose by 1.7% on a year earlier, down 0.3% on the three months to December 2011.