Labour Market Live

October 15, 2014 2:57 pm Published by

Unemployment is 1,972,000, down 49,000 from last month’s published figure (quarterly headline down 154,000) and the unemployment rate is 6%, down 0.2 percentage points on last month and down 0.4 percentage points on last quarter. The number of claimant unemployed is 951,900, down 18,600 on last month, and the claimant rate is 2.8%. The number of workless young people (not in employment, full-time education or training) is 1,092,000, down 74,000 on the quarter, representing 14.9% of the youth population (down 1.0 percentage points). Youth unemployment (including students) is 733,000, down 88,000 on the quarter. There are 2.9 unemployed people per vacancy. The employment rate is 73% (up 0.2 percentage points on last month’s published figure and up 0.1 percentage points... View Article

The latest Government Work Programme Statistics

October 8, 2014 11:01 pm Published by

The latest Government Work Programme statistics show that:   1.6 million people have joined the Work Programme so far. 331,000 people on the programme have been in work for six months (or three months for the hardest to help groups). Those who reach a job outcome within the first year of the programme, spend on average 11 months of the next year in work. 1 in 5 of the most recent 18 to 24 year old JSA participants to complete a year had at last six months in work, 1 in 6 for those aged 25 and over and other JSA groups. Just below 1 in 10 of the most recent ESA new claimants (excluding 12 month prognosis claimants) to... View Article

460 new businesses set up every week by out-of-work entrepreneurs: government scheme reaches 50,000 milestone

September 25, 2014 4:37 pm Published by

More than 53,000 new businesses have been set up thanks to a government scheme which helps people on benefits become their own boss. More than 53,000 new businesses have been set up thanks to a government scheme which helps people on benefits become their own boss – an average of 460 every week over the last year. As part of the government’s long-term economic plan to create jobs by backing small business and enterprise, the New Enterprise Allowance (NEA) has helped jobseekers of all ages, lone parents and people on sickness benefits to turn their entrepreneurial dreams into a reality. The scheme provides jobseekers with start-up help and advice from a business mentor and financial support payable through a weekly... View Article

Smart Recruiters Have the Most to Gain in the Recovering Economy

August 28, 2014 4:28 pm Published by

The labour market is recovering. It has been a long six years since the 2008 crunch heralded the start of ‘The Great Recession’ but, finally, after years of stagnation, recruitment is taking off again. The latest figures, released by the Office for National Statistics on the 11th of June, were hugely positive: unemployment down by 347,000 on the previous year to 6.6% of the economically active population (the biggest annual fall in 16 years), 780,000 more people in work overall than last year, wage growth- albeit still sluggish- gathering a bit more pace. Although some threats persist on the horizon, with Europe remaining in the doldrums and inflation still outpacing wage growth, the recovery does, finally, seem to have firmly... View Article

Labour Market

August 13, 2014 4:18 pm Published by

Unemployment is 2,077,000, down 45,000 from last month’s published figure (quarterly headline down 132,000) and the unemployment rate is 6.4%, down 0.1 percentage points on last month and down 0.4 percentage points on last quarter. The number of claimant unemployed is 1,007,500, down 33,600 on last month, and the claimant rate is 3.0%. The number of workless young people (not in employment, full-time education or training) is 1,184,000, down 54,000 on the quarter, representing 16.5% of the youth population (down 0.7 percentage points). Youth unemployment (including students) is 767,000, down 102,000 on the quarter. There are 3.2 unemployed people per vacancy. The employment rate is 73.0% (down 0.1 percentage points on last month’s published figure and up 0.3 percentage points... View Article

Labour market Live

July 17, 2014 10:53 am Published by

Unemployment is 2,122,000, down 43,000 from last month’s published figure (quarterly headline down 121,000) and the unemployment rate is 6.5%, down 0.1 percentage points on last month and down 0.4 percentage points on last quarter. The number of claimant unemployed is 1,044,300, down 36,300 on last month, and the claimant rate is 3.1%. The number of workless young people (not in employment, full-time education or training) is 1,206,000, down 48,000 on the quarter, representing 16.8% of the youth population (down 0.7 percentage points). Youth unemployment (including students) is 817,000, down 64,000 on the quarter. There are 3.3 unemployed people per vacancy. The employment rate is 73.1% (up 0.2 percentage points on last month’s published figure and up 0.5 percentage points... View Article

Is The Work Programme Working?

June 19, 2014 12:05 pm Published by

The Work Programme is working: 551,000 jobseekers move into employment, but those with the most serious health needs falling behind   Figures released today by ERSA, the representative body for the employment support sector, show that 551,000 long term unemployed jobseekers have now gained employment through the Work Programme, an increase of over 50,000 on three months ago. ERSA is also releasing, for the first time, figures showing the marked differential in performance between jobseekers on Employment and Support Allowance with different levels of health needs according to their Work Capability Assessment (WCA).  The statistics indicate that jobseekers whose WCA show them as likely to be job ready within three to six months are more than three times more likely to... View Article

Labour Market Live

May 14, 2014 11:11 am Published by

Unemployment is 2,209,000, down 34,000 from      last month’s published figure (quarterly headline down 133,000) and      the unemployment      rate is 6.8%, down      0.1 percentage points on last month and down 0.4 percentage points on last      quarter. The number of claimant      unemployed is 1,116,700, down 25,100 on last month, and the claimant rate is      3.3%. The number      of workless young people (not in employment, full-time education or      training) is 1,238,000, down 62,000 on the quarter, representing      17.2% of the youth population (down      0.8 percentage points). Youth unemployment (including students) is 868,000, down 48,000 on      the quarter. There are 3.6 unemployed      people per vacancy. The employment      rate is 72.7%... View Article

Labour Market Live

April 16, 2014 2:17 pm Published by

Unemployment is 2,243,000, down 83,000 from last month’s published figure (quarterly headline down 77,000) and the unemployment rate is 6.9%, down 0.3 percentage points on last month and down 0.3 percentage points on last quarter. The number of claimant unemployed is 1,142,000, down 30,400 on last month, and the claimant rate is 3.4%. The number of workless young people (not in employment, full-time education or training) is 1,255,000, down 40,000 on the quarter, representing 17.4% of the youth population (down 0.5 percentage points). Youth unemployment (including students) is 881,000, down 38,000 on the quarter. There are 3.8 unemployed people per vacancy. The employment rate is 72.6% (up 0.3 percentage points on last month’s published figure and up 0.5 percentage points in the preferred quarterly measure).

Labour market live

February 27, 2014 4:35 pm Published by

Unemployment is 2,342,000, up 21,000 from      last month’s published figure (quarterly headline down 125,000)      and the unemployment      rate is 7.2%, up      0.1 percentage points on last month and down 0.4 percentage points on last      quarter. The number of claimant      unemployed is 1,215,700, down 27,600 on last month, and the claimant rate is      3.6%. The number      of workless young people (not in employment, full-time education or      training) is 1,300,000, down 11,000 on the quarter,      representing 18.0% of the youth population (down 0.1      percentage points). Youth unemployment (including students) is 917,000, down      48,000 on the quarter. There are 4.1 unemployed      people per vacancy. The employment      rate is 72.1%... View Article