UK Unemployment Continues to Fall


In the three months to March 2014, the UK jobless rate decreased to 6.8 percent from 6.9 percent in the previous period. Increases in employment were mainly due to more self-employed people and pay growth rose more than inflation for the first time since 2010.

There were 2.21 million unemployed people for January to March 2014, 133,000 fewer than for October to December 2013 and 309,000 fewer than a year earlier. There were 8.85 million economically inactive people aged from 16 to 64 for January to March 2014. This was 85,000 fewer than for October to December 2013 and 155,000 fewer than a year earlier.

There were 30.43 million people in work for January to March 2014, 283,000 more than for October to December 2013 and 722,000 more than a year earlier. 72.7 percent of people aged from 16 to 64 were in work for January to March 2014, up from 72.1 percent for October to December 2013 and up from 71.4 percent for a year earlier.

Pay including bonuses for employees in Great Britain for January to March 2014 was 1.7 percent higher than a year earlier, with pay excluding bonuses 1.3 percent higher.

UK Unemployment Continues to Fall


ONS | Joana Taborda | joana.taborda@tradingeconomics.com
5/14/2014 9:42:44 AM