United Kingdom Unemployment Rate Up to 7.8 Percent in December


The unemployment rate was 7.8 percent of the economically active population, down 0.1 percentage points on July to September 2012 and down 0.6 on a year earlier. There were 2.50 million unemployed people, down 14,000 on July to September 2012 and down 156,000 on a year earlier.

The employment rate for those aged from 16 to 64 was 71.5 percent, up 0.3 percentage points on July to September 2012 and up 1.1 on a year earlier. There were 29.73 million people in employment aged 16 and over, up 154,000 on July to September 2012 and up 584,000 on a year earlier.

The inactivity rate for those aged from 16 to 64 was 22.3 percent (the lowest since 1991), down 0.2 percentage points on July to September 2012 and down 0.8 on a year earlier. There were 8.98 million economically inactive people aged from 16 to 64, down 94,000 on July to September 2012 and down 294,000 on a year earlier.
 
Total pay (including bonuses) rose by 1.4 percent compared with October to December 2011. Regular pay (excluding bonuses) rose by 1.3 percent compared with October to December 2011.

ONS | Nuno Fontes | nuno@tradingeconomics.com
2/20/2013 9:37:07 AM