Britain continues to see the effects of the economic recovery, as both employment and wages are on the up, a new report shows.
According to bbc.co.uk, figures from the Office for National Statistics reveal a record 30.19 million people are now in work. Moreover, in the three months to January 2014, average earnings rose by 1.4 per cent in comparison to the same time last year.
The number of people without a job fell by 63,000 during the same period, meaning just 2.33 million Brits are out of work. However, the unemployment rate remains unchanged at 7.2 per cent.
Jobseekers now have the biggest selection of jobs since 2008, as the number of vacancies increased by 23,000 over the three month period. Some 588,000 job roles are now up for grabs, reports mirror.co.uk.
Employment minister Esther McVey says the new figures show that more and more people are able to find work thanks to the growing economy.
“The rise in employment is being fuelled by businesses and entrepreneurs across the country who are feeling increasingly confident with the improving economy,” she explains.
Prime Minister David Cameron also responded positively to the news and tweeted: “Another significant fall in unemployment is a sign our long-term economic plan is working, providing security and chances for hard-working people.”