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Employement & Pay up, Inactivity down, over 850K vacancy, Where is the Brexit uncertainty?

Posted by 01 Freelance on

According to the latest release by ONS on 11 December 2018, Despite all the Brexit uncertainties, the UK economy is creating more jobs that its citizens want to do.

  • 32.48 million people in work, 79,000 more than for May to July 2018 and 396,000 more than for a year earlier.
  • 75.7% employment rate (the proportion of people aged from 16 to 64 years who were in work), higher than for a year earlier (75.1%) and the joint-highest since 1971.
  • 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.
  • 4.1% unemployment rate (the number of unemployed people as a proportion of all employed and unemployed people), virtually unchanged compared with May to July 2018 but lower than the estimate for a year earlier (4.3%).
  • 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.
  • 21% 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 since 1971.
  • 3.3% average weekly earnings rise for employees (not inflation adjusted, 1% if adjusted), both excluding and including bonuses, compared with a year earlier.


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