U.K. Unemployment Rate Down to 8.2 in March


The unemployment rate was 8.2 per cent of the economically active population for January-March 2012, down 0.2 on the quarter. There were 2.63 million unemployed people, down 45,000 on the quarter.

The employment rate for those aged from 16 to 64 was 70.5 per cent for January-March 2012, up 0.2 on the quarter. There were 29.23 million people in employment aged 16 and over, up 105,000 on the quarter. The quarterly increase in employment was entirely due to more part-time workers.

The inactivity rate for those aged from 16 to 64 was 23.0 per cent for January-March 2012, down 0.1 on the quarter. There were 9.25 million economically inactive people aged from 16 to 64, down 35,000 on the quarter.

For January-March 2012, total pay (including bonuses) rose by 0.6 per cent on a year earlier. This is the lowest growth rate since March-May 2009 and it is down 0.5 on the three months to February 2012. Regular pay (excluding bonuses) rose by 1.6 per cent on a year earlier, unchanged on the three months to February 2012.


TradingEconomics.com, ONS
5/16/2012 4:26:31 PM