UK unemployment reaches 2.51 million in the first quarter

UnemploymentThe Office for National Statistics revealed in its data that the number of people unemployed in the UK was reported of 2.51 million in the first quarter ended Mach. This is reported as the highest number of unemployed people in past 15 years.

The rate of unemployment remained at 8% in the first three months of the year. However, ONS also revealed that the total number of people claiming unemployment benefit declined in the first quarter.

The quarterly data from the Office for National Statistics showed that total number of people unemployed in the UK rose by 53000 in the first quarter of the year. It was reported of 2.51 million, highest since December 1994.

The Office for National Statistics said that the number of people claiming unemployment benefits was reported down by 100,000 in the first quarter of the year.

The ONS also revealed that the number of people who claimed unemployment benefits fell by 27100 in the month of April after a revised fall of 32700 in March. It was reported of 1.52 million in April. The numbers came beating the expectations of the economists as they were expecting a fall of 20000 in April.

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