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UK — Q4 unemployment unchanged at 7.8%

17 February 2010

The latest Labour Market Report for the period from October to December 2009 published today by the Office for National Statistics (ONS) show that the employment rate during the period was 72.4%, down by -0.1% on the quarter.

The number of people in employment fell by -12,000 on the quarter to reach 28.91 million. The number of people in full-time employment fell by 37,000 on the quarter to reach 21.22 million, the smallest quarterly fall since the three months to July 2008.


The number of people in part-time employment increased by 25,000 on the quarter to reach 7.67 million. There were 1.04 million employees and self-employed people working part-time because they could not find a full-time job. This is the highest figure since records for this series began in 1992 and it is up 37,000 on the quarter.

The unemployment rate for October to December 2009 was 7.8%, unchanged on the quarter. The number of unemployed people fell by 3,000 over the quarter to reach 2.46 million. The number of people unemployed for more than 12 months increased by 37,000 over the quarter to reach 663,000, the highest figure since the three months to September 1997.

The number of people claiming Jobseeker's Allowance (the claimant count) increased by 23,500 between December 2009 and January 2010 to reach 1.64 million, the highest figure since April 1997. This monthly increase in the claimant count was preceded by two consecutive monthly falls.

The inactivity rate for October to December 2009 was 21.3%, up +0.2% on the quarter but below the record high of 23.3% recorded in 1983. The number of inactive people of working age increased by 72,000 over the quarter to reach a record high of 8.08 million. This increase in inactivity was largely driven by the number of students not in the labour market which has increased by 62,000 on the quarter to reach 2.26 million, the highest since comparable records began in 1993.

The number of vacancies in the three months to January 2010 increased by 49,000 on the previous quarter to reach 479,000.

Average total pay (including bonuses) was 451 Pounds per week in December 2009. In the three months to December 2009 total pay rose by +0.8% on a year earlier.

Average regular pay (excluding bonuses) was 425 Pounds per week in December 2009. In the three months to December 2009 regular pay rose by +1.2% on a year earlier.

To see a comparison between unemployment and Gross Domestic Product please click here

 

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