Unemployment drops in UK

<p>Data shows unemployment in the UK fell last month.</p>

Official figures show unemployment has fallen in the UK in recent weeks, perhaps indicating the country's economy is on a firmer footing.

Data from the Office for National Statistics showed the unemployment rate for March to May 2013 was 7.8 per cent of the economically active population, down 0.2 percentage points from December 2012 to February 2013.

It was revealed by the body that there were 2.51 million unemployed people in total, which is down 57,000 from December 2012 to February 2013.

Total pay was shown to have risen by 1.7 per cent and regular pay was up by one per cent, but the employment rate for those aged from 16 to 64 for March to May 2013 was 71.4 per cent, a small drop of 0.1 percentage points from the previous labour market report.

The latest data from the Organisation for Economic Cooperation and Development recently claimed jobless rates are expected to fall only slightly over the next 18 months.

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