U.K Unemployment Rate Stable at 7.8 Percent in October


The employment rate for those aged from 16 to 64 was 71.2 per cent, up 0.1 on the quarter and up 0.9 on a year earlier. There were 29.60 million people in employment aged 16 and over, up 499,000 on the quarter.

The unemployment rate was 7.8 per cent of the economically active population, down 0.2 on the quarter and down 0.5 on a year earlier. There were 2.51 million unemployed people, down 82,000 on the quarter and down 128,000 on a year earlier.

The inactivity rate for those aged from 16 to 64 was 22.6 per cent, up 0.1 on the quarter but down 0.6 on a year earlier. There were 9.07 million economically inactive people aged from 16 to 64, up 60,000 on the quarter but down 249,000 on a year earlier.
 
Total pay (including bonuses) rose by 1.8 per cent on a year earlier. Regular pay (excluding bonuses) rose by 1.7 per cent compared with the previous year.

ONS | Andre Crujo | andre@tradingeconomics.com
12/12/2012 9:36:38 AM