Unemployment down by 49,000 year on year
Tuesday, 11 December 2018 09:37
Main points for August to October 2018 Estimates from the Labour
Force Survey show that, between May to July 2018 and August to
October 2018, the number of people in work and the number of
unemployed people both increased but the number of people aged from
16 to 64 years not working and not seeking nor available to work
(economically inactive) decreased. There were an estimated 32.48
million people in work, 79,000 more...Request free trial
Main points for August to October 2018
-
Estimates from the Labour Force Survey show that, between May
to July 2018 and August to October 2018, the number of people
in work and the number of unemployed people both increased
but the number of people aged from 16 to 64 years not working
and not seeking nor available to work (economically inactive)
decreased.
-
There were an estimated 32.48 million people in work, 79,000
more than for May to July 2018 and 396,000 more than for a
year earlier.
-
The employment rate (the proportion of people aged from 16 to
64 years who were in work) was estimated at 75.7%, higher
than for a year earlier (75.1%) and the joint-highest
estimate since comparable estimates began in 1971.
-
There were an estimated 1.38 million unemployed people
(people not in work but seeking and available to work),
20,000 more than for May to July 2018 but 49,000 fewer than
for a year earlier.
-
The unemployment rate (the number of unemployed people as a
proportion of all employed and unemployed people) was
estimated at 4.1%, virtually unchanged compared with May to
July 2018 but lower than the estimate for a year earlier
(4.3%).
-
There were an estimated 8.66 million people aged from 16 to
64 years who were economically inactive (not working and not
seeking nor available to work), 95,000 fewer than for May to
July 2018 and 195,000 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
estimated at 21.0%, lower than for a year earlier (21.5%) and
the joint-lowest estimate since comparable estimates began in
1971.
-
Latest estimates show that average weekly earnings for
employees in Great Britain in nominal terms (that is, not
adjusted for price inflation) increased by 3.3%, both
excluding and including bonuses, compared with a year
earlier.
-
Latest estimates show that average weekly earnings for
employees in Great Britain in real terms (that is, adjusted
for price inflation) increased by 1.0% excluding bonuses, and
by 1.1% including bonuses, compared with a year earlier.
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