14/11/12

  • In the three months to September 2012, unemployment fell by 49,000, compared with the previous three months, and employment rose by 100,000
  • Youth unemployment fell by 49,000
  • Both part-time and full-time employment increased in the three months to September 2012

Commenting on the labour market figures published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said:

"The latest job market figures are again encouraging and support our assessment that the UK economy will grow over the next year, albeit at a modest pace. Unemployment is down, employment is up, and the level of inactivity has continued to fall, signaling that people are returning to the workforce.

“There are still some areas of concern: the claimant count has increased; youth unemployment is still too high; and half of the new jobs created in the last three months have been part-time. There is little doubt that the economy has been stagnant for too long, despite the positive GDP figures in the third quarter.

"Efforts to reduce the deficit mean that public sector employment will continue to shrink, so it is positive news that the private sector is able and willing to create new jobs. The government must build on the positive job figures to enable businesses to grow and to continue to create new jobs. An effective growth strategy should include further deregulation, increased infrastructure spending, and measures to make it easier and more attractive for businesses to invest and export."

Ends

Notes to editors

ONS: http://www.ons.gov.uk/ons/rel/lms/labour-market-statistics/november-2012/statistical-bulletin.html

The British Chambers of Commerce (BCC) is the national voice of local business.

The BCC sits at the heart of a powerful nationwide network of Accredited Chambers of Commerce, serving over 100,000 businesses across the UK, which employ over five million people. For more information visit: www.britishchambers.org.uk

Media contacts

Lisa Morrison

T: +44 [0]20 7654 5812
M: +44 [0]7717682221
l.morrison@britishchambers.org.uk

Allan Williams

T: +44 [0]20 7654 5813
M: +44 [0]7825 746812
a.williams@britishchambers.org.uk