UK Unemployment Falls to 2.51 Million

Some good news from across the Atlantic

The number of people out of work in the UK has fallen to its lowest total for more than a year.

Unemployment fell by 49,000 to 2.51 million in the three months to September, taking the jobless rate to 7.8% from 7.9%.

The Office for National Statistics said that almost all the 49,000 fall was due to a decline in youth unemployment.