The British Chambers of Commerce (BCC) has argued that the latest jobs market data from the Office for National Statistics (ONS) offers a new hope for the nation's ailing economic fortunes.
It was specified that the number of Brits who are currently out of work has fallen to 2.56 million in the second quarter of the year - although organisations such as the Recruitment & Employment Confederation have warned that this could be a lull before the storm.
Chief economist at the BCC David Kern acknowledged that there are still areas of concern.
He said that youth unemployment is unacceptably high, while a large number of people are being forced to accept part time roles as they cannot find any full time work.
"These figures show positive trends in the UK labour market and are difficult to reconcile with other ONS figures, which show three consecutive GDP declines since the end of 2011," the expert commented.