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Unemployment at lowest since 2004

Out-of-work glut in construction sector

There's been another drop in the numbers of those registered as unemployed on the Island, with figures at their lowest for years.

The latest labour market report from the Cabinet Office reveals 507 people registered out of work in March, down 67 from 574 in February.

It's the lowest figure since December 2004 and puts the unemployment rate at 1.2%.  

Other statistics show the sector with the highest number of unemployed people in last month was construction, with 54 - there was also an overall increase of vacancies notified at the job centre.

 

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