The number of households in the UK where no one is working has fallen by 49,000 in just one year, according to the latest figures.
According to figures released by the Office for National Statistics (ONS), the number of workless households in the UK is now just 3 million (14.5 per cent).
The number of households with at least one working adult has also risen by 126,000.
The figures also show that the number of children in a workless household has fallen by 41,000 since last year, while the proportion of lone parents in work has risen to 68.9 per cent. Nearly nine in 10 children now live in a home with at least one working adult.
Recent employment figures show there are a near-record 32 million people in work, and the unemployment rate, at 4.3 per cent, is the lowest since 1975.
Separate figures released by the Department for Work and Pensions also show there were 1.9 million children living in a household where a parent or guardian is receiving out of work benefits in May 2016. This represents a decrease of 76,000 since May 2015.
Damian Hinds, Minister for Employment, said: “We know that being in work is one of the best ways people can improve their family’s lives, and under Universal Credit people are moving into work faster and staying in work longer than the previous system. Unemployment is currently at its lowest level in over 40 years, and three million more people have found work since 2010.
“On Universal Credit people’s benefits reduce gradually as they take on more hours, ensuring that it always pays to be in work.”
Corby Ganesh, Portfolio Director at GovNet, discusses how this year’s show in Manchester Central is the ideal space for procurement professionals to network, meet suppliers and learn what’s new in the industry.