jan 1, 1955 - Full employment was reached

Description:

Increase in overseas trade and a rising demand in Britain led to plentiful employment. By 1955, it was estimated that full employment was reached with only 200,000 unemployed (less than 1% of the work force).
Employmed decreased in traditional and agricultural fields and increased in industrial ones. Service industries were also growing, from financial and professional services to transport. By 1960 nearly 5 million were employed in a service industry- 1 in 5 of the population.