Unemployment rising again

UK Labour Market, September 2015: ONS

  • There were 1.82 million unemployed people (people not in work but seeking and available to work), 10,000 more than for February to April 2015 but 198,000 fewer than for a year earlier.
  • The unemployment rate was 5.5%, unchanged compared with February to April 2015 but lower than for a year earlier (6.2%). The unemployment rate is the proportion of the labour force (those in work plus those unemployed) who were unemployed.
  • There were 8.99 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 24,000 fewer than for February to April 2015 and 65,000 fewer than for a year earlier.
  • The inactivity rate (the proportion of people aged from 16 to 64 who were economically inactive) was 22.1%, little changed compared with February to April 2015 but down slightly from a year earlier (22.3%).
  • There were 31.09 million people in work, 42,000 more than for February to April 2015 and 413,000 more than for a year earlier.
  • There were 22.74 million people working full-time, 361,000 more than for a year earlier. There were 8.36 million people working part-time, 52,000 more than for a year earlier.
  • The employment rate (the proportion of people aged from 16 to 64 who were in work) was 73.5%, little changed compared with February to April 2015 but higher than for a year earlier (72.8%).
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Inflation at 0%

Consumer Price Inflation, August 2015: ONS

  • The Consumer Prices Index (CPI) was unchanged in the year to August 2015, that is, a 12-month rate of 0.0%, down from 0.1% in the year to July 2015.
  • A smaller rise in clothing prices on the month compared with a year ago was the main contributor to the slight fall in the rate. There were also downward effects from changes in motor fuel prices and sea fares.
  • Rising prices for soft drinks and for furniture and furnishings partially offset the fall.