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Unemployment drops by 36,000 in Q1

Published: Wednesday, 18 May 2011   Category: All Graduate job news

Good news for people getting ready to leave university and look for graduate opportunities was found today in the latest unemployment figures.

According to the Office of National Statistics (ONS), unemployment around the United Kingdom fell to 2.46 million in the first quarter of 2011, which represents a drop of around 36,000 people.

The organisation said that the rate of unemployment is now 7.7 per cent, which is relatively promising for people looking for graduate vacancies.

Chris Grayling, the employment minister, welcomed the new figures, particularly highlighting the fact that youth unemployment has also fallen.

"It's good news to see that unemployment is also going in the right direction and pleasing that unemployment has fallen for young people," he said.

"We're determined to tackle youth unemployment, which is why we've taken steps to ensure that young people get the best possible support to get back to work."

However, the ONS also revealed that the number of people claiming Jobseeker's Allowance in April rose by 12,400 to 1.47 million.

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