Commenting on today's figures, Professor Len Shackleton, fellow at the Institute of Economic Affairs, said:
“These figures show the UK may finally be heading out of recession. We are doing much better than most of the rest of the EU, where unemployment is continuing to rise, and this suggests that the government is right not to panic and abandon its plan to cut the deficit.
“Unemployment is, though, still worryingly high in Northern Ireland and Scotland and this should prompt the government to press ahead with regionalising public sector pay and the minimum wage to create more jobs in the private sector in these areas.”
The latest ONS labour market data out today shows:
Positive signs the UK may be coming out of recession
Although this is just one quarter’s data, overall, the latest unemployment figures are relatively positive and may show the UK is coming out of recession.
· The unemployment level and ra