Labour Market Live

January 24, 2014 2:15 am Published by

Unemployment is 2,320,000, down 68,000 from last month’s published figure (quarterly headline down 167,000) and the unemployment rate is 7.1%, down 0.2 percentage points on last month and down 0.5 percentage points on last quarter. The number of claimant unemployed is 1,247,000, down 24,000 on last month, and the claimant rate is 3.7%. The number of workless young people (not in employment, full-time education or training) is 1,294,000, down 17,000 on the quarter, representing 18% of the youth population (down 0.2 percentage points). Youth unemployment (including students) is 920,000, down 39,000 on the quarter. There are 4.1 unemployed people per vacancy. The employment rate is 72.1% (up 0.1 percentage points on last month’s published figure and up 0.5 percentage points... View Article