Click Fraud Protection

Connecting...

Unemployment falls to 42-year low

News | ONS | Unemployment | Wages

W1siziisijiwmtcvmdgvmtyvmtmvndkvmtmvmje1l1dhdgvyzmfsbcaomikuanbnil0swyjwiiwidgh1bwiilcixmdawedqwmcmixv0

Unemployment in the UK has fallen to a 42-year low, according to new figures from the Office for National Statistics (ONS).

Estimates from the latest Labour Force Survey show that, between January to March and April to June of this year, the number of people in employment increased, while the number of unemployed people fell. The number of people under retirement age not working and not seeking or available to work - known as economically inactive - also fell during the first half of the year.

Unemployment in the UK has fallen to a 42-year low, but average earnings fall in real terms, according to the Office for National Statistics.

The ONS found that there were 32.07 million people in work in the second quarter of 2017, which was 125,000 more than the previous three months and 338,000 more than a year earlier. The office also revealed that the UK’s total employment rate was 75.1 per cent. This is the highest figure since comparable records began in 1971.

According to the research, the country’s inactivity rate, which is the proportion of people aged from 16 to 64 who were economically inactive, was 21.3 per cent. This was down from 21.6 per cent a year earlier, and was the lowest since comparable records began in 1971.

As well as employment figures, the ONS also carried out research into earnings. It found that between April to June 2016 and April to June 2017, regular pay for UK employees increased by 2.1 per cent, which is slightly higher than the growth rate between March to May 2016 and March to May 2017, at two per cent.

However, the latest estimates show that average weekly earnings for employees in real terms, which have been adjusted for price inflation, fell by 0.5 per cent, compared with the previous year.

Senior labour market statistician at the ONS Matt Hughes said: “The employment picture remains strong, with a new record high employment rate and another fall in the unemployment rate. Despite the strong jobs picture, however, real earnings continue to decline.”


Posted by Jon Aspinell on 16th August 2017

SHARE

LATEST JOBS
W1siziisijiwmtcvmdcvmtavmtavntavmdavnde5l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznemd2tkrzdk1qttjmmjfoy21zeuxtlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Warehouse & Distribution Manager

North London

£35,000 per annum

A market leading, long established and highly regarded business with global presence. Operating as the Warehouse & Di...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavntavmdavnde5l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznemd2tkrzdk1qttjmmjfoy21zeuxtlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Part Time Call Centre Advisor - £17,5...

Basildon, Essex

£16000 - £17500 per annum + Additional benefits

Part Time Call Centre Agent - up to £17,500 pro rata - Basildon, Essex. The Ashdown Group has been engaged by a growi...

READ MORE
W1siziisijiwmtcvmdqvmjqvmtevmzmvndavnty5l21hcmsxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Content Manager - £35,000 - London

London, England

£32000 - £35000 per annum + Additional benefits

Content Manager - up to £35,000 - London. The Ashdown Group has been engaged by a highly successful and progressive p...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavntavmdavnde5l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznemd2tkrzdk1qttjmmjfoy21zeuxtlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Call Centre Advisor - £17,500 - Essex

Basildon, Essex

£16000 - £17500 per annum + Additional benefits

Call Centre Agent - up to £17,500 - Basildon, Essex. The Ashdown Group has been engaged by a highly successful Profes...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavntavmdavnde5l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznemd2tkrzdk1qttjmmjfoy21zeuxtlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Training Coordinator - £24,000 - London

London, England

£22000 - £24000 per annum

Training Coordinator - up to £24,000 - Central London. The Ashdown Group has been engaged by an award-winning legal b...

READ MORE
W1siziisijiwmtcvmdqvmjqvmtevmzmvndavnty5l21hcmsxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Social Media Manager - £30,000 - West...

Sutton Coldfield, West Midlands

£27000 - £30000 per annum + Additional benefits

Social Media and PR Manager - up to £30,000 - Sutton Coldfield, West Midlands. The Ashdown Group has been engaged by ...

READ MORE
W1siziisijiwmtgvmdqvmtgvmtmvmjmvnduvnza0l1jlbw90zs1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Insight

How can you ensure cohesive communication with a team of remote workers?

Remote working is becoming increasingly adopted by organisations across the globe - whether that takes the form of an...

READ STORY

W1siziisijiwmtgvmdevmjqvmdgvntkvmtavndyyl2ltywdlmtqtbwlulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mcnuzsjdxq
Insight

Can HR tech ease workplace conflict?

Workplace conflict is mostly unavoidable - particularly when businesses hire strong-minded talent with big ideas. Ego...

READ STORY

W1siziisijiwmtgvmdevmtyvmdgvntcvmzcvmtk5l1dlbgwxyi1taw4uanbnil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Insight

What to prioritise in your employee experience

The candidate experience has long been valued by employers looking to attract fresh talent. Now, however, companies a...

READ STORY

W1siziisijiwmtcvmtevmjgvmtcvmdevndqvnzivaw1hz2uyni1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Advice

From communication to drive: The importance of soft skills

Soft skills are often difficult to quantify, yet they can become an absolute necessity for your business to reach its...

READ STORY

W1siziisijiwmtcvmtevmdgvmtavntqvmzivotuvaw1hz2uxns1taw4uanbnil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
News

Only one in three workers say their employers offer training

Just one-third of workers report that their employer offers regular training opportunities, a new poll by the Trades ...

READ STORY

W1siziisijiwmtcvmtevmdgvmtavmzivntuvndgzl0ryaw5rlw1pbi5qcgcixsxbinailcj0ahvtyiisijmznxgxnzajbmuixv0
Advice

How can you encourage an inclusive work environment?

Inclusivity in the workplace is an ideal most astute businesses strive for. Making employees feel comfortable and val...

READ STORY