United Kingdom Job Vacancies  Forecast 2016-2020

Job Vacancies in the United Kingdom is expected to be 780.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Vacancies in the United Kingdom to stand at 785.00 in 12 months time. In the long-term, the United Kingdom Job Vacancies is projected to trend around 792.00 Thousand in 2020, according to our econometric models.

United Kingdom Job Vacancies
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Job Vacancies 774 780 783 784 785 792 Thousand
United Kingdom Job Vacancies Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Job Vacancies using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Job Vacancies - was last predicted on Tuesday, July 25, 2017.



United Kingdom Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 4.5 4.7 4.8 4.8 4.9 5.1
Employed Persons 30815 30940 31200 31250 31300 31800
Unemployed Persons 814 807 809 811 813 833
Part Time Employment 8478 8600 8620 8670 8700 8960
Full Time Employment 23532 23550 23590 23610 23640 23990
Employment Rate 74.9 74.6 74.5 75.37 75.2 74.1
Claimant Count Change 5.9 15 12 16 11 6
Labor Force Participation Rate 78.5 78.7 79 79.2 79.2 82
Long Term Unemployment Rate 1.2 1.3 1.4 1.4 1.5 2.4
Youth Unemployment Rate 12.2 12.8 13 13.1 13.2 14.6
Labour Costs 103 104 105 105 105 110
Productivity 102 104 104 105 105 110
Job Vacancies 774 780 783 784 785 792
Wages 503 507 508 510 512 532
Wages in Manufacturing 583 587 589 591 593 614
Wage Growth 1.8 1.9 2 2.1 2.2 2.5
Minimum Wages 7.5 7.5 7.5 8 8 9
Population 65.81 65.81 65.81 66.29 66.29 67.16
Retirement Age Women 63.5 63.5 63.5 63.7 63.8 66
Retirement Age Men 65 65 65 65 65 66
Wages Low Skilled 1190 1300 1300 1310 1310 1550
Wages High Skilled 2140 2290 2290 2310 2310 2490
Living Wage Family 1152 1240 1240 1290 1290 1520
Living Wage Individual 1044 1120 1120 1170 1170 1470
Average Weekly Hours 32.1 32.2 32.2 32.2 32.2 32.3
Employment Change 0.4 0.4 0.5 0.5 0.5 0.4