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Summary: Labour Market Statistics, December 2012

Released: 12 December 2012 Download PDF

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People in the labour market for August to October 2012, seasonally adjusted

People in the labour market
Source: Labour Force Survey - Office for National Statistics

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Between May to July 2012 and August to October 2012:

  • The number of people in full-time employment increased by 44,000,

  • The number of people in part-time employment fell by 4,000,

  • The number of unemployed people fell by 82,000,

  • The number of economically inactive people, aged from 16 to 64, increased by 60,000.

The number of people in employment aged 16 and over increased by 40,000 between May to July and August to October 2012 to reach 29.60 million. This is the smallest quarterly increase in the number of people in employment since the increase of 39,000 between August to October 2011 and November 2011 to January 2012.

Unemployment measures people without work who are actively looking for work and able to work if a job is offered, irrespective of whether or not they claim Jobseeker’s Allowance or other benefits. The number of unemployed people aged 16 and over fell by 82,000 between May to July and August to October 2012 to reach 2.51 million. This is the largest quarterly fall in the number of unemployed people since the fall of 86,000 between December 2000 to February 2001 and March to May 2001.

Between May to July 2012 and August to October 2012:

  • The number of unemployed 16 to 24 year olds in full-time education increased by 18,000 to reach 319,000, the highest figure since records began in 1984.

  • The number of unemployed 16 to 24 year olds not in full-time education fell by 90,000 to reach 626,000, the lowest figure since December 2008 to February 2009.

  • The number of unemployed people aged 25 and over fell by 10,000 to reach 1.56 million.

Changes in number of unemployed people between May to July 2012 and August to October 2012, seasonally adjusted

Unemployment changes
Source: Labour Force Survey - Office for National Statistics

Notes:

  1. FTE = Full-time education.
  2. The “Not in Full-time education” series includes people in part-time education and/or some form of training.

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Economic inactivity measures people who are out of work but who are either not looking for work or are unable to work. The number of economically inactive people aged from 16 to 64 increased by 60,000 between May to July and August to October 2012 to reach 9.07 million. This quarterly increase in economic inactivity was mainly due to an increase of 67,000 in the number of people who were not active in the labour market because they were students to reach 2.22 million.

Source: Office for National Statistics

Background notes

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

  2. 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;
    • are well explained and readily accessible;
    • are produced according to sound methods; and
    • are managed impartially and objectively in the public interest.

    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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