UK Employment Hits Record High: Fundamentals of the British Economy Are Strong Says Chancellor Philip Hammond

Unemployment has fallen to a fresh decade-low

by Peter Spence, Economics Correspondent

Employment in the UK rose to a record high in the months ahead of the EU referendum, defying analysts who believed that uncertainty had taken the momentum out of hiring before the vote.

The employment rate rose to 74.4pc in the quarter running to May, as the number in work climbed by 176,000, to more than 31.7m people.

The Office for National Statistics, which compiled the figures, said that the jobs market had “continued to strengthen” this spring. Unemployment touched a fresh low in the same period, falling to its lowest levels in over a decade, at just 4.9pc.

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