UK unemployment at lowest rate since 2008

New figures from the Office of National Statistics have found that the UK unemployment total has fallen below two million for the first time in almost six years.

The number of jobless people fell by 154,000 to 1.97 million in the three months to the end of August, which took the unemployment rate to 6%, its lowest level since late 2008.

Youth unemployment – covering 16-to-24-year-olds – fell by 88,000 over the quarter to 733,000, giving a jobless rate among the age group of 16%.

Chief secretary to the Treasury, Danny Alexander, said: “Britain is fast becoming the job creation capital of the Western economies. Because our recovery plan is working, so is the country and in record numbers.”