UK Unemployment Falls to 8.3% - ONS
The latest report by the Office for National Statistics (ONS) suggests that UK unemployment fell in the months from December to February from 8.4% to 8.3% or 35,000.
This is the lowest level of unemployment in the UK since the summer of 2011.
Job market experts, like Mike Fetters of TotalJobs, however, find the figures by the ONS deceiving. He highlighted that "Whilst on the surface they look rosier than those of the past few months, they hide a number of concerns - not least the staggeringly high levels of underemployment - and they don't take into account news from the last couple of months."
He mentioned that many people in retail and business sectors were fired in the last couple of months, which makes him believe that the level of unemployment will rise by the end of 2012.
Let us remind that earlier we have reported an increase in the number of vacancies in March. The figures came from the Recruitment and Employment Confederation.
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