20 Oct, 2016

UK Labour Market Statistical bulletin October 2016

The results are out for the UK Labour Market: October 2016, with estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK.

Between March to May 2016 and June to August 2016, the number of people in work and the number of unemployed people increased. The number of people not working and not seeking or available to work (economically inactive) fell.

There were 31.81 million people in work, 106,000 more than for March to May 2016 and 560,000 more than for a year earlier.

There were 23.23 million people working full-time, 362,000 more than for a year earlier. There were 8.58 million people working part-time, 198,000 more than for a year earlier.

The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.5{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}, the joint highest since comparable records began in 1971.

There were 1.66 million unemployed people (people not in work but seeking and available to work), 10,000 more than for March to May 2016 but 118,000 fewer than for a year earlier.

Further information can be found here – https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/october2016

Trackback URL: http://www.msc-headhunters.de/uk-labour-market-statistical-bulletin-october-2016/trackback/