Business Insider article BusinessInsider Staff article The number of U.K. jobs is set to fall by about 15% in 2017, according to a report released Thursday by the Office for National Statistics.

The number is set for the first time to decline for the fourth consecutive year in the United Kingdom.

The ONS said the number of jobs is expected to fall 3.1 million in 2017.

That would be the lowest level since January 2015.

The total number of jobless people is projected to decline by 1.6 million, or 3.4%.

The UK is the only country that saw its unemployment rate fall for four consecutive years during the financial crisis.

That was in January 2015, when unemployment dropped by 1,500 to 7.9%.

In 2017, unemployment is expected at 4.9% and inflation is expected of 2.2%, according to the ONS.

The U.N. World Food Program said on Thursday that food prices will increase at the fastest pace in a decade.