UK Unemployment Rate Drops to 6.4%


UK jobless rate continued to fall, reaching 6.4% for April to June 2014, the lowest since late 2008 while the number of people claiming unemployment benefits declined more-than-expected in July.


In July, UK claimant count fell by a seasonally adjusted 33,600, compared to expectations for a decline of 30,000 people.

For April to June 2014, there were 30.60 million people in work, 167,000 more than for January to March 2014 and 820,000 more than a year earlier. 

There were 2.08 million unemployed people, 132,000 fewer than for January to March 2014 and 437,000 fewer than a year earlier.

There were 8.86 million economically inactive people (those out of work but not seeking or available to work) aged from 16 to 64. This was 15,000 more than for January to March 2014 but 130,000 fewer than a year earlier.

For April to June 2014, pay including bonuses was 0.2% lower than a year earlier, but pay excluding bonuses was 0.6% higher.

UK Unemployment Rate Drops to 6.4%


ONS | anna@tradingeconomics.com
8/13/2014 9:43:22 AM