Five questions answered on the 5,000 drop in UK unemployment

“The jobs market appears to be moderately improving".

The Office for National Statistics (ONS) has revealed that UK unemployment has fallen by 5,000. We answer five questions on this recent drop in UK joblessness.

How many people are now currently unemployed?

According to ONS, the jobless rate has fallen by 5,000 to 2.5 million with the number of people claiming jobseekers allowance falling by 8,600 in May to 1.5 million

How many people are now currently in work?

After a rise of 24,000 in recent months a record 29.7 million people are currently in work. This means that the UK employment rate is now 71.5 per cent, while 7.8 per cent of the population is jobless.

What about youth unemployment?

Unemployment for those aged between 16 and 24 has also fallen from 43,000 to 950,000. However, those who are long term unemployed – those looking for work for longer than a year – was up by 11,000 to almost 900,000.

Women also came out badly in the statistics with the number of women out of a job rising by 7,000 to 1.09m.

What about average earnings and inflation?

Average earnings in April rose by 3.3 per cent, mostly due to companies paying out bonuses to workers a month later this year than last. This figure is a 1.3 per cent jump in total earnings from a year earlier.

However, this rise is dampened by the 2.4 per cent rise in consumer prices in the year to April.

What are the experts saying about these figures?

Peter Dixon, an economist at Commerzbank AG in London told Bloomberg:

“The jobs market appears to be moderately improving.

 “We may see a pickup in output without a further increase in employment.”

Photograph: Getty Images

Heidi Vella is a features writer for Nridigital.com

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New Digital Editor: Serena Kutchinsky

The New Statesman appoints Serena Kutchinsky as Digital Editor.

Serena Kutchinsky is to join the New Statesman as digital editor in September. She will lead the expansion of the New Statesman across a variety of digital platforms.

Serena has over a decade of experience working in digital media and is currently the digital editor of Newsweek Europe. Since she joined the title, traffic to the website has increased by almost 250 per cent. Previously, Serena was the digital editor of Prospect magazine and also the assistant digital editor of the Sunday Times - part of the team which launched the Sunday Times website and tablet editions.

Jason Cowley, New Statesman editor, said: “Serena joins us at a great time for the New Statesman, and, building on the excellent work of recent years, she has just the skills and experience we need to help lead the next stage of our expansion as a print-digital hybrid.”

Serena Kutchinsky said: “I am delighted to be joining the New Statesman team and to have the opportunity to drive forward its digital strategy. The website is already established as the home of free-thinking journalism online in the UK and I look forward to leading our expansion and growing the global readership of this historic title.

In June, the New Statesman website recorded record traffic figures when more than four million unique users read more than 27 million pages. The circulation of the weekly magazine is growing steadily and now stands at 33,400, the highest it has been since the early 1980s.