Praetorian Outsource Marketing was thrilled
to learn that the UK jobless rate has fallen to a nine month low.
In the quarter through May the UK
unemployment rate has fallen by 65,000 to 2.58 million according to the Office
for National Statistics (ONS). Praetorian Outsource Marketing has been reporting on
the wavering jobs market for some months and believe that while this is
encouraging there are still some underlying problems.
The ONS figures show that that the number
of people in employment is now 29.35 million, a rise of almost 181,000.
Economists believe that the holding of the Olympic Games is currently providing
a boost in employment but warn that this could be temporary and there could be
relapses within a year. The north east of England still has the highest unemployment
rates at 10.9%. Praetorian Outsource Marketing, a Birmingham-based outsource
sales company, was pleased to see that the West Midlands was faring better even than
London with figures at around 8.6%. The South West of England once again seems
to be holding out against unemployment best with only 5.9% of people out
of work.
Praetorian Outsource Marketing has been
discussing the plight of graduates and young people in the job market for some time
and were pleased to see that unemployment among 16-24 year olds fell by 10,000
to 1.02 million. The managing director of Praetorian Outsource Marketing said,
“This is really very encouraging. We hope that as people graduate and look for
jobs over the next quarter that this improvement can be sustained. There is
still a lot more work to do but we’re pleased to see things moving in the right
direction for young people.”
Also incredibly interesting to Praetorian
Outsource Marketing were the figures that showed that the number of
self-employed people had risen by 32,000 accounting for nearly half of the jobs
created during the period. “We’ve often spoken about how people have been
taking matters into their own hands and starting their own small businesses to fight
back against unemployment. These figures are fantastic news, being
self-employed is a great way to take control of your own career and is
incredibly rewarding. We’re pleased to see people being so resourceful."
Employment Minister, Chris Graying feels
that there is still work to do and that unemployment figures were “still much
too high.” He did continue however, “But, I’m at least encouraged, in what are
difficult times economically that we’re seeing improvements, across the board.”
Praetorian Outsource Marketing hopes that this pragmatic approach will mean that
the government and private sector continue to work hard to make long-lasting
improvements to help people into work. A spokesperson for the company said, “Business
in our sector is still booming as companies continue to outsource their sales
to specialist teams like ours. This continues to be a very confident and
fast-moving industry that we’re fortunate to play such a prominent role in.”
