UK unemployment has dropped to the lowest level in more than 44 years despite mounting fears over Brexit, as employers across the country ramped up hiring at the fastest rate in more than three years.
The
Office for National Statistics said Britain’s jobless rate fell to a fresh low of 3.9% in the three months to January, down from 4% a month ago, the lowest point since the start of 1975.
Companies increased their hiring activity to add another 222,000 people to the UK workforce, taking the overall number in work to a fresh record high of 32.7 million.
The surprise drop in the jobless rate came despite mounting concern that the chaos over
Brexit in Westminster might have encouraged companies to freeze their hiring plans until they have greater clarity over the political situation.
John Philpott, the director of the Jobs Economist consultancy, said: “Nobody seems to have told the labour market about the mood of Brexit-related economic uncertainty which has gripped the UK since last autumn.
“These record-breaking jobs numbers seem extraordinary and suggest that only a recession-inducing hard Brexit is likely to have a noticeably negative impact on the UK’s employment situation.”