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Optimism for the year ahead
With 37,000 fewer people out of work in the period from September to November, bringing the total down to 2.49 million and reducing the UK’s unemployment rate to 7.7 per cent.
The Office for National Statistics said there were 29.68 million people aged 16 to 64 in employment, up 90,000 on the previous quarter and up 552,000 on a year earlier.
Whilst the Association of Graduate Recruiters have also indicated positive movements predicting an increase in employed graduates from an average of 98 in 2012 to 109 this year, in their latest bi-annual survey of 200 companies.
Carl Gilleard, chief executive of the AGR commented “With the graduate job market inextricably linked to business confidence, it is reassuring to see that employers are committed to investing in graduate talent despite the backdrop of continuing global economic uncertainty.
The unemployment figures came as the government-backed Workplace Employment Relations Survey revealed that levels of job satisfaction have actually risen over the past decade in the UK, despite the recession.
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