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Cornwall's Unemployment Stats

Cornwall's Unemployment Stats

Published by the Pirate FM News Team at 11:44am 17th April 2015.

The number of people out of work and on benefits in Cornwall falls.

Just over four thousand seven hundred are claiming in the Duchy.

That is down from over five thousand last month.

Nationally unemployment is down to 1.84 million.

There were 31.05 million people in work, 248,000 more than for September to November 2014 and 557,000 more than for a year earlier.

The proportion of people aged from 16 to 64 in work (the employment rate) was 73.4%, the highest since comparable records began in 1971.

It meant the unemployment rate fell 0.1% on the previous month to its best level in almost seven years at 5.6%.

Average earnings growth, excluding bonuses, picked up speed to an annual rate of 1.8% in February but slowed to 1.7% when the effects of bonus payments were included.

The number of people claiming jobseeker's allowance fell by 20,700 in March to 772,400, the 29th consecutive monthly fall.

The ONS said there were 743,000 job vacancies across the country in January to March, 124,000 more than a year ago and the highest since records began in 2001.

It also reported that around 1.3 million people were in part-time jobs when they wanted full-time work, up by 29,000 in the latest quarter.

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