Unemployment in the UK falls to 1.86 million

  • The unemployment rate in the United Kingdom has shown a significant fall. As per the latest official figures, the rate of unemployment in the country was down by 102,000 to 1.86 million in the three months to January. Though the unemployment rate remains unchanged at 5.7 percent, the number of people who have a job is at an all-time high. While the regular pay saw an increase by 1.6 percent in the same period as compared to last year, the number of people who claimed Jobseeker’s Allowance was down to 791,000, which is the lowest level since 1975.