UK unemployment increased by 48,000 to 2.67m in Q4 2011, the smallest quarterly rise in nearly one year, according to the Office for National Statistics (ONS). The increase was 0.1% on the previous quarter, with the unemployment rate among economically active people now at 8.4%. “The unemployment rate has not been higher since 1995,” said the ONS. The employment rate for those aged 16 to 64 was 70.3%, up 0.1 on the quarter. There were 29.13m people in employment aged 16 and over, up 60,000 on the quarter. Meanwhile, total pay including bonuses rose 2% on a year earlier and was unchanged on the three months to November 2011. Regular pay excluding bonuses also rose 2% on a year earlier, up 0.1 on the three months to November 2011.