UK Jobless Rate Remains Unchanged at 5.1% for the 5th Month


British unemployment rate was recorded at 5.1 percent in the three months to March of 2016, unchanged from the previous four periods. While the number of unemployed fell slightly, the number of employed increased, bringing the employment rate to a record high of 74.2 percent.

There were 1.69 million unemployed people (people not in work but seeking and available to work), little changed compared with October to December 2015 but 139,000 fewer than for a year earlier.

There were 31.58 million people in work, 44,000 more than for October to December 2015 and 409,000 more than for a year earlier. There were 23.12 million people working full-time, 328,000 more than for a year earlier. There were 8.46 million people working part-time, 81,000 more than for a year earlier. The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.2%, the highest since comparable records began in 1971.

There were 8.90 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 20,000 fewer than for October to December 2015 and 116,000 fewer than for a year earlier. The inactivity rate (the proportion of people aged from 16 to 64 who were economically inactive) was 21.7%, the joint lowest since comparable records began in 1971.

Average weekly earnings for employees in Great Britain increased by 2 percent including bonuses and by 2.1 percent excluding bonuses compared with a year earlier.

UK Jobless Rate Remains Unchanged at 5.1% for the 5th Month


ONS | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/18/2016 4:35:20 PM