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%).
Advertisements

Unemployment falls

UK Labour Market: May 2016 – ONS

Main points for January to March 2016

  • There were 1.69 million unemployed people (people not in work but seeking and available to work), little changed compared with October to December 2015 but 139,000 fewer than for a year earlier.
  • The unemployment rate was 5.1%, unchanged compared with October to December 2015 but lower than for a year earlier (5.6%). The unemployment rate is the proportion of the labour force (those in work plus those unemployed) that were unemployed.
  • There were 31.58 million people in work, 44,000 more than for October to December 2015 and 409,000 more than for a year earlier.
  • There were 23.12 million people working full-time, 328,000 more than for a year earlier. There were 8.46 million people working part-time, 81,000 more than for a year earlier.
  • The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.2%, the highest since comparable records began in 1971.
  • There were 8.90 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 20,000 fewer than for October to December 2015 and 116,000 fewer than for a year earlier.
  • The inactivity rate (the proportion of people aged from 16 to 64 who were economically inactive) was 21.7%, the joint lowest since comparable records began in 1971.

 

Unemployment falls

UK Labour Market, February 2016: ONS

  • There were 1.69 million unemployed people (people not in work but seeking and available to work), 60,000 fewer than for July to September 2015 and 172,000 fewer than for a year earlier.
  • There were 924,000 unemployed men, 116,000 fewer than for a year earlier. There were 766,000 unemployed women, 57,000 fewer than for a year earlier.
  • The unemployment rate was 5.1%, lower than for a year earlier (5.7%). The unemployment rate is the proportion of the labour force (those in work plus those unemployed) that were unemployed
  • There were 31.42 million people in work, 205,000 more than for July to September 2015 and 521,000 more than for a year earlier.
  • There were 22.98 million people working full-time, 387,000 more than for a year earlier. There were 8.43 million people working part-time, 134,000 more than for a year earlier.
  • The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.1%, the highest since comparable records began in 1971.
  • There were 8.88 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 88,000 fewer than for July to September 2015 and 172,000 fewer than for a year earlier.
  • The inactivity rate (the proportion of people aged from 16 to 64 who were economically inactive) was 21.8%, lower than for a year earlier (22.3%) and only slightly higher than the record low of 21.7% last recorded for July to September 1990.

UK unemployment dropping

Labour Market Statistics, September 2012: ONS

May to July 2012:

  • The unemployment rate was 8.1 per cent of the economically active population, down 0.1 on the quarter. There were 2.59 million unemployed people, down 7,000 on the quarter
  • The employment rate for those aged from 16 to 64 was 71.2 per cent, up 0.5 on the quarter. There were 29.56 million people in employment aged 16 and over, up 236,000 on the quarter
  • The inactivity rate for those aged from 16 to 64 was 22.4 per cent, down 0.5 on the quarter. There were 9.01 million economically inactive people aged from 16 to 64, down 181,000 on the quarter

Public Sector Employment, Q2 2012: ONS

  • Total UK public sector employment decreased for the eleventh consecutive quarter in Q2 2012, by 235,000 to 5.664 million.
  • UK local government decreased by 56,000 and UK central government decreased by 175,000, both affected by the reclassification of the English colleges.
  • Civil Service employment in Great Britain decreased for the fifth consecutive quarter, by 5,000 to an estimated 459,000.
  • Employment in UK public corporations decreased for the eighth consecutive quarter, by 4,000 to 485,000.
  • In Q2 2012, private sector employment increased for the tenth consecutive quarter, by an estimated 471,000 to 23.896 million. When the effects of the reclassification of the English colleges are removed, private sector employment increased by 275,000.
  • The Q2 2012 total public sector employment estimate is 394,000 lower than the Q2 2011 estimate. The Q2 2012 private sector estimate is 824,000 higher than the Q2 2011 estimate.

The Chartered Institute of Personnel and Development said the latest ONS statistics highlight the gradual re-engineering of the UK labour market during the past two years.

  • Public sector headcount has fallen by around 430, 000 since June 2010.
  • Growth in the private sector has compensated for the fall in public sector employment
  • The number of people in employment has risen by 442, 000 in the two years to July 2012.  Of this total, the increase in the number of self-employed (261, 000) exceeds the rise in the number of employees (152, 000).
  • The number of unpaid family workers and people on government supported employment and training programmes has also risen to a two-year high.
  • The number of temporary workers that could not find a permanent job has fallen from 36% in July 2010 to 40% in July 2012. Meanwhile, the number of people working part-time involuntarily has increased from 1.1 million to 1.4 million in the two years to July 2012.

Labour Market Statistics, July 2012

Labour Market Statistics, July 2012: ONS

  • The unemployment rate was 8.1 per cent of the economically active population, down 0.2 on the quarter. There were 2.58 million unemployed people, down 65,000 on the quarter
  • In June 2012 there were 1.60 million people claiming Jobseeker’s Allowance (JSA). This was up 6,100 compared with May.
  • The number of women claiming JSA increased by 8,000 between May and June to reach 530,700, the highest figure since August 1995
  • The employment rate for those aged from 16 to 64 was 70.7 per cent, up 0.3 on the quarter. There were 29.35 million people in employment aged 16 and over, up 181,000 on the quarter
  • The inactivity rate for those aged from 16 to 64 was 22.9 per cent, down 0.2 on the quarter. There were 9.21 million economically inactive people aged from 16 to 64, down 61,000 on the quarter