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Last week's labour force figures produced the best unemployment rate for three years but also a record level of underemployment.
Last Thursday's labour force figures showed that the unemployment rate had fallen to 5.6% – the best result since May 2013.
The decision, described by both sides of politics as devastating, follows last week's labour force figures that showed Australia's unemployment rate rose to 6% in January.
The release received little coverage – given it comes out at the same time as the monthly labour force figures that's no real surprise.
Recent labour force figures showed that the total number of non-UK nationals working in the UK was 3.09 million in the first three months of this year - a rise of 294,000 compared to the same period in 2014.
While that big number is always the first thing reported from the labour force figures, for me looking at the actual employment growth is a better indicator of what is going on in the economy.
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But it is dominated by manufacturing.The duo carefully dissect America's labour-force figures and find that tradables have contributed almost nothing to American job creation since 1990.
Bernd Schips, an economics professor at the Swiss Federal Institute of Technology in Zurich, says that recent changes in the way the GDP figures are calculated, and incomplete labour-force figures, may have been another factor in making the figure for GDP growth per person look lower than it is.Besides, Switzerland's growth paradox is anything but new.
The researchers used the same Labour Force Survey figures as the Office for National Statistics for its Neet numbers.
The overall labour force survey figures show British workers have taken more than 75% of new jobs in the UK economy during the past 12 months.
The labour force survey figures show that there were 122,000 Romanian and Bulgarian nationals working in Britain in March this year – a fall from 125,000 in December, just before the last of the seven-year transitional controls were lifted on the new EU members on 1 January.
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