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Employment in UK |
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Employment in UK |
The trend in the employment rate is falling while the trend in the unemployment rate is increasing. However, the number of people claiming Jobseeker's Allowance benefit has fallen. The number of job vacancies has increased. Growth in average earnings excluding bonuses is unchanged while growth in average earnings including bonuses has increased.
The employment rate for people of working age was 74.5 per cent for the three months ending in December 2005, down from 74.9 per cent both over the quarter and over the year.
The number of people in employment was 28.77 million, down 57,000 over the quarter but up 183,000 over the year. The quarterly fall in total employment was due to a fall in the number of employees, particularly women.
Total hours worked per week was 922.0 million, down 2.7 million over the quarter but up 5.0 million over the year.
The unemployment rate was 5.1 per cent, up from 4.7 per cent both over the quarter and over the year. The number of unemployed people increased by 108,000 over the quarter and by 123,000 over the year, to reach 1.54 million.
The claimant count was 904,200 in January 2006, down 2,000 on the previous month. This is the first time the claimant count has fallen since January 2005.
The inactivity rate for people of working age was 21.4 per cent for the three months ending in December 2005, up from 21.3 per cent both over the quarter and over the year. The number of economically inactive people of working age rose by 59,000, to reach 7.95 million, the highest figure since comparable records began in 1971. This quarterly increase in inactivity was mainly due to more people, particularly women, looking after the family or home.
The annual rate of growth in average earnings (the AEI), excluding bonuses, was 3.8 per cent in December 2005, unchanged from the previous month. Including bonuses, it was 3.6 per cent, up from 3.4 per cent the previous month.
The average number of job vacancies for the three months to January 2006 was 616,800. This was up 12,100 on the previous quarter but down 34,200 over the year. This quarterly increase was largely due to more vacancies in the Finance & Business services sector.
The redundancy rate for the three months to December 2005 was 5.7 per 1,000 employees, down from 6.3 the previous quarter. |
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Employment in UK |
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