UK Unemployment Rate Steady At 11-Year Low Of 4.8%


UK jobless rate remained at 4.8 percent in the three months to November of 2016, the same as in the previous period and in line with market expectations. The employment rate held at an all-time high of 74.5 percent and wages grew at a faster pace while the number of people in work fell by 9,000.

There were 1.60 million unemployed people, 52,000 fewer than for June to August 2016 and 81,000 fewer than for a year earlier. There were 883,000 unemployed men, 8,000 fewer than for June to August 2016 and 41,000 fewer than for a year earlier. There were 721,000 unemployed women, 44,000 fewer than for June to August 2016 and 40,000 fewer than for a year earlier.

31.80 million people in work, 9,000 less than in June to August 2016 but 294,000 more than for a year earlier. 23.25 million were working full-time, 209,000 more than for a year earlier. There were 8.55 million people working part-time, 86,000 more than for a year earlier.

The employment rate  was 74.5 percent, virtually unchanged compared with June to August 2016 but higher than for a year earlier (74 percent). 

There were 8.89 million people aged from 16 to 64 who were economically inactive, 85,000 more than for June to August 2016 but 63,000 fewer than for a year earlier. The inactivity rate was 21.7 percent, higher than for June to August 2016 (21.5 percent) but lower than for a year earlier (21.9 percent).

Average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 2.8% including bonuses and by 2.7% excluding bonuses compared with a year earlier.

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
1/18/2017 9:47:10 AM