UK Labour Market: March 2016 – ONS Statistical bulletin:

Estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK.

Main points for the 3 months to January 2016

There were 31.42 million people in work, 116,000 more than for August to October 2015 and 478,000 more than for a year earlier.

There were 22.94 million people working full-time, 302,000 more than for a year earlier. There were 8.48 million people working part-time, 177,000 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 joint highest since comparable records began in 1971.

There were 1.68 million unemployed people (people not in work but seeking and available to work), 28,000 fewer than for August to October 2015 and 171,000 fewer than for a year earlier.

There were 923,000 unemployed men, 102,000 fewer than for a year earlier. There were 762,000 unemployed women, 69,000 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 8.89 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 40,000 fewer than for August to October 2015 and 136,000 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 (22.2%) and only slightly higher than the record low of 21.7% last recorded for July to September 1990.

Average weekly earnings for employees in Great Britain increased by 2.1% including bonuses and by 2.2% excluding bonuses compared with a year earlier.

Full statistical release here: http://www.ons.gov.uk/businessindustryandtrade/constructionindustry/bulletins/constructionoutputingreatbritain/january2016andnewordersquarter42015http://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/march2016

 

Source: ONS (Office for national Statistics)

 

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