Thursday, 21 January 2010

A Fall In The Number Of Unemployed And Claimants

The number of unemployed people fell for the first time since May 2008. There were 7,000 fewer people unemployed bringing the number down to 2.46m. The number unemployed for over 12 months grew by 29,000 over the quarter to 631,000, the highest since November 1997. The unemployment rate for September to November was unchanged at 7.8%. The claimant count fell for the second consecutive month to reach 1.61m, the largest monthly fall since April 2007.

There were 448,000 vacancies in the three months to December 2009. That is an increase of 16,000 on the previous three months but 80,000 fewer than a year earlier. There were 30.86m workforce jobs in September 2009. Construction saw the largest decrease in jobs. The inactivity rate was 21.2% for September to November 2009. The number of inactive people rose by 79,000 to 8.05m.

Total hours worked per week in the three months to November were 910.9m. Average weekly hours came to 31.5, up 0.2 from August 2009. Productivity was 3.1% lower in Q3 2009 than Q3 2008 and unit wage costs rose by 4.1% over the same period. Manufacturing unit wage costs increased by 1.8%.

Average regular pay rose by 1.1% on the previous year, but decreased 0.1 on the previous quarter. Average total pay in November was £451/week, an increase of 0.7%. Private sector average regular pay in November was £414/week and average total pay was £447/week. Public sector average regular pay £455/week, average total pay was £459/week.

In November 14 labour disputes cost the economy 36,000 working days. Over the year to November 90 stoppages meant 436,000 lost working days. The number of redundancies decreased by 31,000 to 182,000 in the three months to November on the previous quarter and 46,000 on the previous year.

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