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UK Unemployment

Labour Market Statistics

January 22 2019 - The unemployment rate stands at 4.0% - (-0.2% compared with same quarter last year) the lowest since early 1975. 32.53 million people were in work in the September to November 2018 quarter according to the labour force survey (LFS). This was 141,000 more than the previous quarter and 328,000 higher than the same quarter last year.

The working age employment rate was 75.8% compared with 75.3% a year ago and the highest since such estimates began in 1971.

ILO-defined unemployment in the September to November 2018 quarter was 1.37 million (4.0%) - little changed on the previous quarter but down 68,000 on the same quarter last year.

Average wages, including bonuses, rose by 3.4% over the year - and 3.3% excluding bonuses.

According to Minister of State for Employment Alok Sharma:

"Once again, we see a new record employment rate in the UK, 75.8 per cent, with more people in work than ever before. UK workers also got a much needed pay boost before Christmas with wages outpacing inflation for the tenth month in a row in November, growing at the fastest rate in a decade.

"There are 328,000 more people in work over the past year, almost entirely driven by full-time jobs as the government delivers an economy that works for the British people.

"Our pro-business policies have helped boost private sector employment by 3.8 million since 2010, and as the Resolution Foundationís latest report shows, the 'jobs-boom has helped some of the most disadvantaged groups find employment', providing opportunities across society.

TUC General Secretary Frances O'Grady commented:

"This modest rise in wage growth will do little to help workers still feeling the effects of the longest pay squeeze in 200 years.

"We need a far more ambitious plan that supports jobs and wages. That means the government putting the minimum wage up to £10 as quickly as possible - and giving unions the freedom to enter every workplace to negotiate fair pay rises."




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