The good news on jobs keeps on coming. Despite big swings on the stock market and concerns about global growth, more than 200,000 additional jobs were created in Britain in the last three months of last year — making a total of more than 500,000 during 2015.
The majority of these are in full-time, regular employment, though the number of more flexible jobs — part-time or self-employed — is also increasing.
On the back of this healthy rate of jobs growth, unemployment has fallen to just over 5pc of the labour force – one of the lowest rates in Europe. Within the EU, only Germany and the Czech Republic have a lower jobless rate. Our unemployment rate is now the lowest we have seen since the mid-2000s.