UK unemployment rate at 4.1%

According to the latest figures from the Office of National Statistics (ONS), UK unemployment rate is currently at 4.1%, unchanged compared with three months ago but lower than a year earlier (4.3%). That means there were an estimated 1.38 million unemployed people, 20,000 more than for May to July 2018 but 49,000 fewer than for a year earlier.

Between August and October 2018 there were an estimated 32.48 million people in work, 79,000 more than for May to July 2018 and 396,000 more than for a year earlier.

The employment rate (the proportion of people aged from 16 to 64 years who were in work) was estimated at 75.7%, higher than for a year earlier (75.1%) and the joint-highest estimate since comparable estimates began in 1971.

Also, the latest estimates show that average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 3.3%, both excluding and including bonuses, compared with a year earlier.

Latest estimates show that average weekly earnings for employees in Great Britain in real terms (that is, adjusted for price inflation) increased by 1.0% excluding bonuses, and by 1.1% including bonuses, compared with a year earlier.

This article contains public sector information licensed under the Open Government Licence v3.0.