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Video Summary: Latest on the Labour Market, February 2014

Released: 19 February 2014

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Welcome to the latest on the UK labour market covering the period October to December 2013.

Firstly looking at employment, 30.15 million people aged 16 and over were in work, this is a rise of 193,000 on the quarter and a rise of 396, 000 on the year. 72.1% of people aged 16 to 64 were employed.

Next we will look at the employment rates for males and females over the period from January to March 1971 to the current period of October to December 2013, using this graph. Looking over the period we can see that the largest gap between the male and female employment rates occurred in January to March 1971 where the employment rate for males was 92.1% and the employment rate for females was 52.8%. The smallest gap over the period was seen in November 2009 to January 2010 where the employment rate for males was 75.0% and the employment rate for females was 65.8%. The employment rate in the current period of October to December 2013 was 77.1% for males and 67.2% for females.

Turning to unemployment now, that is those not employed but seeking work, 2.34 million people aged 16 and over were out of work but seeking and available to work. This is a fall of 125,000 on the quarter and 161,000 on the year. The unemployment rate stood at 7.2%.

Next we will look at the unemployment rates for males and females over the period from January to March 1971 to the current period of October to December 2013, using this graph. The highest unemployment rate for females, of 11.8%, was seen in March to June 1984. The highest unemployment rate for males, of 12.7% was seen in December 1992 to March 1993. As the graph shows the recession in the early 1990s affected the male unemployment rate far more than the female unemployment rate. The unemployment rate in the current period of October to December 2013 was 7.6% for males and 6.8% for females.

Moving down to those not in the labour force, that is those not employed and not seeking or available for work, 8.93 million people aged between 16 and 64 were either not looking for work or not available to work. This is a rise of 8,000 on the quarter and a fall of 23,000 on the year. 22.1% of people aged 16 to 64 were not in the labour force.

Now we will look at the percentage of males and females who were not in the labour force over the period from January to March 1971 to the current period of October to December 2013, using this graph. As we can see, the percentage of females not in the labour force has been steady decreasing over the period, and in the current period of October to December 2013 the figure was 27.9%. However, the percentage of males not in the labour market has been steadily increasing over the period and in the current period of October to December 2013 the figure was 16.4%.

That was the latest on the UK labour market.

 

Source: Office for National Statistics

Background notes

  1. Further information is available in the Statistical Bulletin and the data tables .

  2. Further summary stories are available from the labour market statistics page on the ONS website.

  3. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

    The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics.

    Designation can be broadly interpreted to mean that the statistics:

    • meet identified user needs;
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    Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed.

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