Unemployment rate falls

Labour Market, December 2015: ONS

Main points for August to October 2015

  • The unemployment rate was 5.2%, lower than for a year earlier (6.0%). It has not been lower since the 3 months to January 2006.
  • There were 1.71 million unemployed people (people not in work but seeking and available to work), 110,000 fewer than for May to July 2015 and 244,000 fewer than for a year earlier.
  • There were 939,000 unemployed men, 153,000 fewer than for a year earlier. There were 774,000 unemployed women, 91,000 fewer than for a year earlier.
  • There were 8.93 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 63,000 fewer than for May to July 2015 and 126,000 fewer than for a year earlier.
  • The inactivity rate (the proportion of people aged from 16 to 64 who were economically inactive) was 21.9%, lower than for a year earlier (22.3%). The inactivity rate has not been lower since October to December 1990.
  • There were 31.30 million people in work, 207,000 more than for May to July 2015 and 505,000 more than for a year earlier.
  • There were 22.88 million people working full-time, 338,000 more than for a year earlier. There were 8.42 million people working part-time, 167,000 more than for a year earlier.
  • The employment rate (the proportion of people aged from 16 to 64 who were in work) was 73.9%, the highest since comparable records began in 1971.
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Inflation up to 0.1%

Consumer Price Inflation, November 2015: ONS

  • The Consumer Prices Index (CPI) rose by 0.1% in the year to November 2015, compared with a 0.1% fall in the year to October 2015.
  • Movements in transport costs and alcohol and tobacco prices were the main contributors to the rise in the rate.
  • Falling clothing prices partially offset the rise.