Wednesday, February 20, 2013

UK employment up, living standards fall



Published on Feb 20, 2013
http://www.euronews.com/ The number of people in work in Britain hit an all-time high in the final three months of last year, despite the stagnant UK economy.

Unemployment benefit claims also fell much more than expected in January.

A total of 29.73 million Britons had jobs in that period, the most since records began in 1971.

But there has been a big increase in part-time working since the financial crisis started.

In the final quarter of 2012 full-time workers accounted for 73 percent and part-time 27 percent.
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