Thursday, 18 February 2010

Increase In Long-Term Unemployment

The employment rate for October to December 2009 was 72.4%, down 0.1% on the quarter and 28.91m employed people, down 12,000. The number in full-time employment fell 37,000 to 21.22m. Part-time employment increased by 25,000 to 7.67m. The workforce also included 1.04m part-time people looking for a full-time job, the highest since 1992, up 37,000 on the quarter.

The unemployment rate was unchanged 7.8% and there were 2.46m unemployed people, 3,000 fewer than the last quarter. There were 37,000 more long-term unemployed over the quarter to give a total of 663,000, the highest figure since the quarter to September 1997. There were 725,00 18-24 year olds unemployed. In January 2010 there were 1.64m people claiming Job Seeker's Allowance, an increase of 23,500 since December 2009 following two successive monthly falls. The claimant count rate is 5%.

The inactivity rate for the quarter to December was uo 0.2% to 21.3%. The highest ever inactivity rate recorded was 23.3% in 1983. There were 8.06m inactive working age people over the quarter due to an increase of 72,000 thanks to an increase of 62,000 students to 2.62m, the highest since records began.

The number of vacancies in the three months to January 2010 was 479,000, an increase of 49,000. There were 1.8 vacancies for every 100 employee jobs. Redundancies totalled 168,000 in the three months to December. The redundancy rate was 6.8 per 1000 employees.

Total pay (including bonuses) rose by 0.8% on last year to £451/week. Regular pay (excluding bonuses) rose by 1.2% on last year to £425/week. Private sector average total pay in December 2009 was £448/week and was unchanged on a year earlier. Average regular pay was £416/week. Public sector average total pay was £457/week and rose 3.7% over the year. Average regular pay (excluding bonuses) in the public sector was £456/week and rose 3.9% over the year.

Whole economy unit wage costs rose by 4.1% in the third quarter of 2009 compared with a year earlier while productivity was 3.1% lower. Manufacturing unit wage costs decreased by 0.7% while manufacturing productivity increased by 3.6% over the same period.

Public sector employment totalled 6.09m, an increase of 23,000 and the private sector accounted for 22.82m, up 15,000 from June 2009. There were 30.86m workforce jobs in September 2009, down 127,000 over the quarter and 649,00 over the year. Construction alone fell by 67,000, agriculture by 1,000, production jobs fell by 41,000 and services by 18,000. There were 2.6m employee jobs in manufacturing.

Hours worked totalled 907.0m in the quarter to December, down 1.8m on the previous qaurter. Average weekly hours in the quarter to December were 31.5, unchanged from September 2009.

In the three months to December 2009 there were 25.26m UK nationals and 3.72m non-UK people in employment. Some 3,000 working days were lost due to 11 labour dispute stoppages.

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