Main points for August to October 2017 Estimates from the Labour
Force Survey show that, between May to July 2017 and August to
October 2017, the number of people in work fell, the number of
unemployed people also fell, and the number of people aged from 16
to 64 not working and not seeking or available to work
(economically inactive) increased. There were 32.08 million people
in work, 56,000 fewer than for May to July...Request free trial
Main points for August to October 2017
-
Estimates from the Labour Force Survey show that, between May
to July 2017 and August to October 2017, the number of people
in work fell, the number of unemployed people also fell, and
the number of people aged from 16 to 64 not working and not
seeking or available to work (economically inactive)
increased.
-
There were 32.08 million people in work, 56,000 fewer than
for May to July 2017 but 325,000 more than for a year
earlier.
-
The employment rate (the proportion of people aged from 16 to
64 who were in work) was 75.1%, lower than for May to July
2017 (75.3%) but higher than for a year earlier (74.4%).
-
There were 1.43 million unemployed people (people not in work
but seeking and available to work), 26,000 fewer than for May
to July 2017 and 182,000 fewer than for a year earlier.
-
The unemployment rate (the proportion of those in work plus
those unemployed, that were unemployed) was 4.3%, down from
4.8% for a year earlier and the joint lowest since 1975.
-
There were 8.86 million people aged from 16 to 64 who were
economically inactive (not working and not seeking or
available to work), 115,000 more than for May to July 2017
but 56,000 fewer than for a year earlier.
-
The inactivity rate (the proportion of people aged from 16 to
64 who were economically inactive) was 21.5%, higher than for
May to July 2017 (21.2%) but lower than for a year earlier
(21.7%).
-
Latest estimates show that average weekly earnings for
employees in Great Britain in nominal terms (that is, not
adjusted for price inflation) increased by 2.5% including
bonuses and by 2.3% excluding 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) fell by 0.2% including bonuses, and fell
by 0.4% excluding bonuses, compared with a year earlier.
LABOUR
MARKET STATISTICS - DEC 2017
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