U.K Unemployment Rate Down to 7.9 Percent in August


The employment rate in the U.K. for those aged from 16 to 64 was 71.3 percent, up 0.5 on the quarter. There were 29.59 million people in employment aged 16 and over, up 212,000 on the quarter.

The unemployment rate for June to August 2012 was 7.9 percent of the economically active population, down 0.2 on the quarter. There were 2.53 million unemployed people, down 50,000 on the quarter.

The inactivity rate for those aged from 16 to 64 was 22.5 percent, down 0.3 on the quarter. There were 9.04 million economically inactive people aged from 16 to 64, down 138,000 on the quarter.

Total pay (including bonuses) rose by 1.7 per cent and regular pay (excluding bonuses) rose by 2.0 percent.


TradingEconomics.com, ONS
10/17/2012 9:44:44 AM