Unemployment Drops Significantly In East Of England

The East of England saw one of the largest drops in unemployment of any UK region heading into the summer, according to new figures.

Office for National Statistics (ONS) data shows unemployment fell by almost 20% to 102,000 in the region between April and June, giving an unemployment rate of 3.2% – below the UK average of 4%.

The region’s employment rate was 78.7%, 0.5% higher than the period from January to March, with nearly 3.1 million people in work.

Nationally there were 32.39 million people in work from April to June, 42,000 higher than in the previous three-month period and equal to an employment rate of 75.6%.

Average earnings increased by 2.4% in the year to June, down from 2.5% in the previous month, said the ONS.

Courtesy of EDP