Laura Sharman 03 December 2014

Autumn Statement: Unemployment rate to fall to 5.4% in 2015

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

Chancellor George Osborne used his Autumn Statement announcement to say half a million new jobs have been created this year, with unemployment due to fall to 5.4% in 2015. He said the figures show this rate will continue to fall to 5.3% in 2016.

He said: ‘On average, for every day the government has been in office, 1,000 new jobs have been created.

‘1,000 new opportunities for people. New economic security for 1,000 families every single day. Britain’s long term economic plan is working.’

Mr Osborne also used his announcement to dismiss claims that many of these jobs were part-time roles or concentrated in London, saying 85% of the new jobs were full-time positions. He also said the figures show jobs are being created at the fastest rate in Scotland and the North of England.

Mr Osborne also said the gender pay gap had fallen to its lowest level in history, hailing this ‘progressive politics in action’.

SIGN UP
For your free daily news bulletin
Highways jobs

Positive Journeys Support

Durham County Council
£26,403 - £28,598 p.a. Grade 5
We are excited to be expanding our Positive Behavioural Support Team within County Durham and currently have a 30 hour vacancy and 2x 35 hours vaccnci Durham
Recuriter: Durham County Council

Structures Manager

Durham County Council
£50,269 - £54,495
An opportunity has arisen in the Highways Services for a Structures Manager    WHAT IS INVOLVED?  The post holder will be responsible for providing a Durham
Recuriter: Durham County Council

School Crossing Patrol

Durham County Council
Grade 1 £3,383 (approx.) £12.85 per hour
Join our School Crossing Patrol Service! Are you punctual and reliable? Do you have good communication skills and a strong sense of community spirit? Durham
Recuriter: Durham County Council

Project Support Officer

Durham County Council
Grade 9 £35,412 to £39,152 per annum
Are you ready to play a key role in shaping the future of local government? Durham County Council is embarking on an ambitious transformation, and we Durham
Recuriter: Durham County Council

Learning Support Assistants

Durham County Council
£28,142 - £31,022
Learning Support Assistants Grade 6   £28,142 - £31,022 Full Time, Whole Time Temporary  - Required from 1st November 2025 (or sooner  if possible) un Durham
Recuriter: Durham County Council
Linkedin Banner