Unemployment fell by 37,000 between September and November to 2.49 million, and the unemployment rate is down to 7.7%, today's labour market statistics reveal.
Unemployment fell by 37,000 between September and November to 2.49 million, and the unemployment rate is down to 7.7%, today’s labour market statistics reveal., today’s labour market statistics (pdf) reveal.
The headline figures are:
• The employment rate for those aged from 16 to 64 was 71.4%, up 0.1 on June to August 2012 and up 1.1 on a year earlier. There were 29.68 million people in employment aged 16 and over, up 90,000 on June to August 2012 and up 552,000 on a year earlier.
• The unemployment rate was 7.7% of the economically active population, down 0.1 on June to August 2012 and down 0.7 on a year earlier. There were 2.49 million unemployed people, down 37,000 on June to August 2012 and down 185,000 on a year earlier.
• The inactivity rate for those aged from 16 to 64 was 22.5%, unchanged on June to August 2012 but down 0.7 on a year earlier. There were 9.03 million economically inactive people aged from 16 to 64, down 13,000 on June to August 2012 and down 253,000 on a year earlier.
• Total pay (including bonuses) rose by 1.5% compared with September to November 2011. Regular pay (excluding bonuses) rose by 1.4% compared with September to November 2011.
We will have more detailed reaction later today on Left Foot Forward.
One Response to “Unemployment down 37,000 to 2.49 million”
Sasson
Please LFF, can you find out if these figures were inflated by people who are being forced onto the work programme and other mandatory workfare programmes? It has been said that once someone is on these programmes they drop out of the statistics for the unemployed. I think we need to find out how many were mandated during that time before the cons can claim any semblance of success.
Thanks
Sassonx