The number of people in work in the United Kingdom rose by 79,000 to an all-time high of 32.48 million in the three months to October 2018 from 32.40 in the May to July period. The number of employed men increased by 70,000 to a record 17.24 million, and the number of employed women went up by 9,000 on the quarter to 15.24 million. The employment rates for both men and women increased by 0.2 percentage points to 80.3 percent and 71.2 percent respectively. The people in employment can be categorised as employees or self-employed workers. This categorisation reveals that the number of employees increased by 115,000 to reach a record high of 27.54 million, while the number of self-employed workers decreased by 29,000 to 4.77 million. Employment Change in the United Kingdom averaged 41.36 Thousand from 1971 until 2018, reaching an all time high of 307 Thousand in March of 2014 and a record low of -279 Thousand in May of 2009.
Employment Change in the United Kingdom is expected to be 150.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in the United Kingdom to stand at -82.00 in 12 months time. In the long-term, the United Kingdom Employment Change is projected to trend around 110.00 Thousand in 2020, according to our econometric models.