UK Unemployment Rate at Near 10-Year Low


British jobless rate decreased to 5.1 percent in the three months to November of 2015, reaching the lowest level since August to October 2005. Earnings growth slowed for the second consecutive month.

There were 1.68 million unemployed people, 99,000 fewer than for June to August 2015 and 239,000 fewer than for a year earlier.

There were 8.92 million people aged from 16 to 64 who were economically inactive, 93,000 fewer than for June to August 2015 and 172,000 fewer than for a year earlier.

31.39 million people were working, 267,000 more than for June to August 2015 and 588,000 more than for a year earlier. 22.96 million were working full-time, 436,000 more than for a year earlier and 8.43 million were working part-time, 152,000 more than for a year earlier.

The employment rate was 74.0 percent, the highest since comparable records began in 1971.

The inactivity rate was 21.9 percent, lower than for a year earlier (22.4 percent). The inactivity rate has not been lower since October to December 1990.

Comparing the three months to November with a year earlier, pay for employees in Great Britain increased by 2.0 percent including bonuses (2.4 percent in the previous period) and by 1.9 percent excluding bonuses (2.0 percent in the previous period).

The number of people claiming for unemployment benefits fell by 4.3 thousand in December of 2015, following a downwardly revised 2.2 thousand drop in November.  

UK Unemployment Rate at Near 10-Year Low


ONS | Joana Taborda | joana.taborda@tradingeconomics.com
1/20/2016 9:42:47 AM