UK unemployment falls to 2.51 million

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The number of people out of work fell by 49,000 to 2.51 million in the three months to September, compared with the previous three month period, according to figures from the Office for National Statistics.

The unemployment rate for July to September 2012 was 7.8 per cent of the economically active population, down 0.2 from April to June 2012.

The employment rate for those aged from 16 to 64 for July to September 2012 was 71.2 per cent, up 0.2 from April to June 2012. There were 29.58 million people in employment aged 16 and over, up 100,000 from April to June 2012.

The inactivity rate for those aged from 16 to 64 for July to September 2012 was 22.6 per cent, down 0.1 from April to June 2012. There were 9.07 million economically inactive people aged from 16 to 64, down 25,000 from April to June 2012.