UK unemployment falls back to 5%

UK unemployment falls back to 5%

UK unemployment falls back to 5%   The unemployment rate fell to 5.0% in November to January, down from the last reading of 5.1% in October to December, according to latest ONS data. A total of 63.1% of job losses are amongst the under 25s meanwhile record levels of economic activity are amongst young people. Laith Khalaf, financial analyst at AJ Bell, comments: “A 0.1% fall in unemployment wouldn’t normally be a great cause for celebration, but a year on from the first lockdown, every little win counts. Overall unemployment…

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