Skip to content

Entrepreneurs Panel

David Pollock
Steve Purdham
Jeremy Roberts
Charlie Mullins
Michael Oliver
Tony Caldeira
Jennie Johnson
Debbie Pierce
Richard O'Sullivan
Julie Meyer
Laura Tenison
Brian Hay

Unemployment falls to 1.65m

Unemployment fell to 1.65m between March and May, pushing the UK's jobless rate to an 11-year low, according to official figures.

The number of people out of work was down by 54,000 compared with the previous three months and was down by 201,000 year-on-year. The total is the lowest since spring 2008.

The unemployment rate fell to 4.9 per cent, down from 5.6 per cent in March to May 2015 and the lowest figure since July to September 2005.

Meanwhile, the number of people in work climbed by 176,000 compared with the three months to February to hit 31.7m. Employment was up by 624,000 year-on-year.

There were 23.19m people working full-time, up by 401,000 from March to May 2015. Another 8.52m people were working part-time, up by 223,000.

The overall employment rate was 74.4 per cent - the highest since comparable records began in 1971.

Average weekly earnings excluding bonuses rose by 2.2 per cent compared with a year earlier.

  • Kathryn Parsons, co-founder of Decoded, started with little more than faith and determination, but four years later it’s grown into a global business. Ahead of her appearance at Accelerate 2015 in...

  • Author, writer and marketer Ryan Holiday on how entrepreneurs need to interpret failure.

  • Sue Vizard, business coach and author of Jump Start: The Start-up Book for Your Dream Business, looks at some of the questions solo entrepreneurs should ask themselves.

  • Ian Wright, founder and chief executive of NonExecutiveDirectors.com, is bringing together SMEs and NEDs - without the hefty recruitment fees.

  • Former professional golfer turned entrepreneur Colin Stevens has had a busy 18 months. The Better Bathrooms founder has increased turnover at the firm, secured a multi-million pound investment and...

Five Minutes With

Reputation is everything when it comes to running a successful business, according to Sacha Lord-Marchionne and Sam Kandel, founders of the Warehouse Project (WHP), a series of club nights featuring DJs from all over the world, which was launched back in 2006.

After travelling the world in a corporate role, Mike Wheeler decided that he had had enough of living out of a suitcase and so got a job running a small family business.