Labour Market Live

May 18, 2012 4:49 pm Published by

Unemployment is 2,625,000, down 25,000 from last month’s published figure, and the unemployment rate is 8.2%, down 0.1 percentage points on last month. The number of claimant unemployed is 1,590,300, down 13,700, and the claimant rate is 4.9%. The number of workless young people (not in employment, full-time education or training) is 1,419,000, down 25,000 in the quarter, representing 19.5% of the youth population (down 0.3 percentage points in the quarter). Youth unemployment (including students) is 1,021,000, down 17,000 in the quarter. There are 5.7 unemployed people per vacancy. The employment rate is 70.4% (up 0.1 percentage points on last month’s published figure and up 0.2 percentage points in the preferred quarterly measure).