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Latest on the UK labour market - February 2013

The latest on the labour market February 2013 EMPLOYMENT UNEMPLOYMENT NOT IN LABOUR FORCE 29.73m 2.50m 8.98m fall of 14k fall of 94k people aged 16 and over were in work people aged 16 and over were out of work but seeking and people aged between 16 and 64 were either not looking for work or not available to work available to work Help Wanted 154k CLAIMANT COUNT 71.5% 7.8% fall of 12.5k 1.54m of the of people aged 16 to 64 were employed labour force aged 16 and over could not find a job people aged 18 and over were claiming Jobseeker's Allowance 73% full-time part-time 27% Annual changes in people working full-time/part-time 600 400 200 -200 -400 -600 -800 1993 1996 1999 2002 2005 2008 2011 Recession May-July 2008 May-July 2009 753 77 thousand thousand Most Recent Oct - Dec Oct - Dec 2012 2011 This is the largest 394 190 rise in people working thousand thousand full-time since 2005 AVERAGE WEEKLY EARNINGS Inflation, Annual Wage Growth 1.3% 5 4 3 annual growth in wages excluding bonuses 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 £445 Even though wages have been rising, in recent years prices have been rising at a faster rate. average level of wages excluding bonuses EARNINGS by INDUSTRY NOTE 0.2% People in manufacturing and construction £430 £516 £524 1.4% (1.8% tend to work longer hours on average than those in services Services Construction Manufacturing 1. Unemployment, employment and not in labour force estimates for October to December 2012 and changes since July to September 2012 2. Claimant count is for January 2013 and the fall is compared to December 2012 3. The labour force is everyone who is employed or unemployed 4. Wage estimates are seasonally adjusted for December 2012 and exclude bonus payments and arrears of pay 5. The figures for annual growth in wages refer to the growth in wages between October - December 2011 and October - December 2012 6. Inflation is measured using the Consumer Prices Index Office for National Statistics Thousands

Latest on the UK labour market - February 2013

shared by quantize on Feb 22
Infographic showing the highlights from the labour market statistics released in the UK in February 2013. It covers the changes in employment, unemployment, claimant count and inactivity. There is a...


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