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UK unemployment falls despite public sector cuts 20 June 2012

UK unemployment has fallen by 51,000 for the quarter ending April, down 0.2 per cent on the previous quarter, meaning there were 2.61 million unemployed individuals.

According to today’s figures from the Office of National Statistics, the employment rate for those aged from 16 to 64 was 70.6 per cent, up 0.3 per cent on the quarter.

There were 29.28 million people in employment aged 16 and over, up 166,000 on the quarter.

The number of people employed in the private sector increased by 205,000 to 23.38 million. However, the number of people employed in the public sector fell by 39,000 to 5.9 million, the lowest figure since March 2003.

The inactivity rate for those aged from 16 to 64 was 23 per cent, down 0.2 per cent. There were 9.23 million economically inactive people aged from 16 to 64, down 69,000 over the same period.

Total pay (including bonuses) rose by 1.4 per cent on a year earlier, up 0.5 on the three months to March 2012.

Regular pay (excluding bonuses) rose by 1.8 per cent on a year earlier, up 0.2 on the three months to March 2012.

According to officials at the ONS, the rise in employment has been the result of growth in both full-time and part-time positions unlike previous months where the bias was towards part-time workers.

 

 

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