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UK employment falls by 43,000, but vacancies are at the highest level since 2008

Comparing January – March 2013, with the previous three months, there was a fall in the number of employed people, a rise in the number of people “not in the labour force”, or economically inactive, and a rise in the number of people who were unemployed

The number of people in work fell by 43,000 when comparing January - March 2013 with the previous three months so that 29.71 million people were in work. The employment rate stood at 71.4% of all people aged 16 to 64.

Turning to unemployment, there was a rise of 15,000 in the number of unemployed people between October - December 2012 and January - March 2013. There were 2.52 million people who were looking and available to work but unable to find a job. The percentage of the labour force aged 16 and over who were unemployed was 7.8%.

However looking at vacancies for February to April 2013, there were 503,000 jobs advertised, this is the highest since October to December 2008.

Nearly 1 in every 5 unemployed people has been looking for work for over 2 years.

Splitting the 2.52 million unemployed people by how long they have been out of work and searching for a job, nearly 1 in 5 (18%) had been looking for work for over 2 years, but almost half of them (47%) had been looking for work for 6 months or less. The remainder had been looking for work for some time between 6 months and two years.

Economic inactivity rises for men but falls for women

Between October – December 2012 and January – March 2013 there were 47,000 more people who were not in the labour force. However this rise was driven by a 58,000 increase in inactive men. The number of inactive women fell by 10,000, with a continuing fall in the number of women looking after the family or home. 

A small fall in the number of claimants

Even though there has been an estimated 15,000 rise in the number of unemployed people between October - December 2012 and January – March 2013, there has been a small fall of 7,300 in the number of people claiming Job Seeker’s Allowance between March and April 2013. The claimant count measures the number of people claiming Jobseeker’s Allowance (JSA) and differs from unemployment as some unemployed people do not claim Jobseeker’s Allowance, for example, a full-time student who is looking for work may be unemployed but would not usually be eligible for the allowance.

Employment for everyone aged 16 and over was 29.71 million in January to March 2013, a fall of 43,000 compared with the previous three months.

Unemployment for everyone aged 16 and over was 2.52 million in January to March 2013, a rise of 15,000 on the previous three months.

Around 18% of those who are unemployed have been looking for work for over two years and 47% have been out of work for up to six months.

The number of people who are not in the labour force, known as economically inactive, rose by 47,000 comparing January to March 2013 with the previous three months.

Average weekly earnings and wages excluding bonuses increased by 0.8% comparing January to March 2013 with a year earlier. Wages including bonuses increased by 0.4% over the same period.

 

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Categories: Labour Market, People in Work, People not in Work, Employment, Employment Type, Job Statistics, Workforce Jobs, Jobs, Vacancies, Vacancies by Industry, Vacancies by Size of Enterprise, Earnings, Weekly Earnings, Bonus Earnings, Basic Pay, Hours of Work, Average Hours, Total Hours, Usual Hours, Weekly Hours, Labour Disputes, Days Lost Due to Industrial Action, Productivity, Claimant Count, Economic Inactivity, Redundancies, Unemployment, Claimant Count Flows, Claimant Count Rates, Claimant Count by Age, Claimant Count by Duration of Claim, Claimant Count by Sex, Jobseeker's Allowance, Economic Inactivity by Age, Economic Inactivity by Reason, Economic Inactivity by Sex, Redundancies by Industry, Redundancies by Rate and Level, Long Term Unemployment, Unemployment Rates, Unemployment by Age, Unemployment by Duration, Unemployment by Sex
Content from the Office for National Statistics.
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