United Kingdom Job Vacancies - Forecast

Job Vacancies in the United Kingdom is expected to be 825.00 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 819.00 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.


Forecast Data Chart
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United Kingdom Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4 4.1 4.2 4.4 4.5 5.1
Employed Persons 32397 32440 32510 32580 32620 33700
Unemployed Persons 919 928 942 951 955 1015
Part Time Employment 8538 8520 8460 8420 8400 8190
Full Time Employment 23859 23920 24050 24160 24220 25510
Employment Rate 75.5 75.5 75.2 75.2 75.1 74.6
Claimant Count Change 8.7 9 10 5 7 6
Labor Force Participation Rate 78.8 79.6 80 79.9 79.9 81
Long Term Unemployment Rate 1.1 1.2 1.2 1.3 1.4 1.7
Youth Unemployment Rate 11 11 11.2 11.3 11.5 11.9
Productivity 102 102 103 103 104 108
Labour Costs 104 106 106 106 107 110
Job Vacancies 833 825 815 820 819 792
Wages 520 520 522 524 526 539
Wage Growth 2.6 2.7 3 3.2 3.4 2.8
Wages in Manufacturing 603 601 603 605 607 619
Minimum Wages 7.83 7.83 7.83 8 8 8.5
Population 66.19 66.19 66.19 66.36 66.36 66.98
Retirement Age Women 65 65 65 65.5 65.5 66
Retirement Age Men 65 65 65 65.5 65.5 66
Living Wage Family 1280 1350 1350 1440 1440 1520
Living Wage Individual 970 1170 1170 1290 1290 1370
Wages Low Skilled 1330 1350 1350 1450 1450 1550
Wages High Skilled 2210 2360 2360 2410 2410 2490
Average Weekly Hours 31.9 32.2 32.2 32.2 32.3 32.3
Employment Change 3 -64 150 100 85 110