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Second fall in jobless total is good news but jobs market remains fragile

 UK unemployment figures show another drop in the number of people out of work.  In the first quarter , the number fell 36,000 to 2.46 million. The number of young people aged between 16 and 24 also dropped 30,000 to 935,000.

 Though this continuing trend is welcome, we cannot lose sight of the fact that the jobs market remains volitile.  

The drop in the number of young people out of work is also encouraging, but this should not mean that the corner has been turned. The Government is committed to addressing this issue but needs to consider more concrete measures such as National Insurance holidays to encourage employers to hire young job-seekers. At the same time, the business community must play its part by working with schools to help build bridges into the world of work through internships and apprenticeships.

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