ECONOMIC GROWTH

Unemployment rate to fall next year

The UK’s unemployment rate will fall to 5.4% next year, according to figures published by the Office for Budget Responsibility (OBR).

By Laura Sharman | 03 December 2014

The UK's unemployment rate will fall to 5.4% next year, according to figures published by the Office for Budget Responsibility.

Chancellor George Osborne used his Autumn Statement announcement to say 500,000 new jobs had been created this year, with unemployment due to fall to 5.4% in 2015. 

Popular articles by Laura Sharman

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Popular articles by Laura Sharman

  1. Gove signs devolution deals for Norfolk and Suffolk
  2. Autumn Statement: £1bn extension to Household Support Fund
  3. Autumn Statement: Social housing rent rise capped at 7%
  4. Directors warn needs of older and disabled people will not be met this winter
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