Unemployment falling, economically inactive rising

UK labour market: October 2018 – ONS

Main points for June to August 2018

  • There were 1.36 million unemployed people (people not in work but seeking and available to work), 47,000 fewer than for March to May 2018 and 79,000 fewer than for a year earlier.
  • The unemployment rate (the number of unemployed people as a proportion of all employed and unemployed people) was 4.0%; it has not been lower since December 1974 to February 1975.
  • There were 8.75 million people aged from 16 to 64 years who were economically inactive (not working and not seeking or available to work), 103,000 more than for March to May 2018 but 65,000 fewer than for a year earlier.
  • The economic inactivity rate (the proportion of people aged from 16 to 64 years who were economically inactive) was 21.2%, higher than for March to May 2018 (21.0%) but lower than for year earlier (21.4%).
  • There were 32.39 million people in work, little changed compared with March to May 2018 but 289,000 more than for a year earlier.
  • The employment rate (the proportion of people aged from 16 to 64 years who were in work) was 75.5%, lower than for March to May 2018 (75.7%) but higher than for a year earlier (75.1%).