The proportion of economically active people aged 16 and over who are out of work and seeking work is known as the unemployment rate. As shown at Figure 11 (which shows unemployment rates for people, men and women), the lowest unemployment rate for people recorded since comparable records began in 1971 was 3.4% in late 1973 to early 1974 and the highest rate, 11.9%, was recorded in 1984 during the downturn of the early 1980s. The unemployment rate for people for the latest time period, April to June 2017, at 4.4%, was the lowest since 1975.
For April to June 2017:
- the unemployment rate for people was 4.4%; it has not been lower since April to June 1975
- the unemployment rate for men was 4.6%; it has not been lower since August to October 1975
- the unemployment rate for women was 4.2%; the joint lowest since comparable records began in 1971
- For April to June 2017, there were:
- 1.48 million unemployed people, 57,000 fewer than for January to March 2017 and 157,000 fewer than for a year earlier
- 818,000 unemployed men, 34,000 fewer than for January to March 2017 and 74,000 fewer than for a year earlier
- 666,000 unemployed women, 23,000 fewer than for January to March 2017 and 83,000 fewer than for a year earlier
- Looking at unemployment by how long people have been out of work and seeking work, for April to June 2017, there were:
- 876,000 people who had been unemployed for up to 6 months, 81,000 fewer than for a year earlier
- 234,000 people who had been unemployed for between 6 and 12 months, little changed compared with a year earlier
- 374,000 people who had been unemployed for over 12 months, 74,000 fewer than for a year earlier
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Join
FREE
Here
