Slight Fall In Unemployment

The unemployment rate for June to August was 7.9% down 0.2% compared with March to May 2012. There were 2.53m unemployed down 50,000 on March to May. The employment rate for June to August was 71.3% up 0.5% on March to May with 29.59m people in work, up 212,000 on March to May and 510,000 on last year. The number of people in full-time work increased by 88,000 between March/May and June/August and part-time work by 125,000 but between June/August 2007 and June/August 2012 the number of people in full-time employment has fallen by 355,000 and the number of people in part-time employment has increased by 724,000. The number of unemployed people fell by 50,000 between March/May and June/August 2012 but increased by 883,000 between June/August 2007 and June/August 2012. The inactivity rate was down. There were 9.04m (22.5%) economically inactive people in June to August, down 138,000 on March to May and 314,000 on last year. There were 476,000 job vacancies for July to September 2012, up 3,000. There were 1.8 vacancies per 100 employee jobs. The largest increase in jobs between March and June 2012 was in the professional, scientific and technical sector with an increase of 87,000. The largest fall in jobs was recorded in the human health and social work sector with a decrease of 60,000 jobs. There pay rises in the June to August period. Total pay increased by 1.7% and regular pay increased by 2% on last year. Average total pay in August was £473/week and average regular pay was £444/week. The unemployment rate was highest in the North East with 9.9%. It was lowest in the South West with 5.8%. The largest decreases in the unemployment rate were in the North West with 1.1% and the North East with 0.9%. The highest employment rate was in the East of England with 74.6% followed by the South West (74.6%) and the South East (74.4%) and lowest in the North East with 67.9%. The inactivity rate was also highest in the North East with 24.6% and it was lowest in the East of England with 19.9%. The North East also had the highest Claimant Count with 7.7%. The lowest Claimant Count was in the South East with 3%.