Unemployment rates hit record low - here's how the industry reacted

Unemployment rates hit record low - here's how the industry reacted

Unemployment has fallen to the lowest level since records began in 1971, with the working age employment rate reaching 74.9% according to data from the Office for National Statistics (ONS).

The number of candidates in work climbed above 32 million for the first time in the three months to May. The ONS said a fall in joblessness pushed the unemployment rate down to 4.5% over the period, compared with 4.7% in the three months to February - the lowest rate in 42 years.

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