Labour Market Statistics - November 2020

ONS STATISTICS - yes it is horrible which is what you were expecting

Commenting on today’s labour market data, ONS Deputy National Statistician for Economic Statistics Jonathan Athow said:

"The latest monthly tax numbers show over three-quarters of a million fewer employees on the payroll in October than in March.

“Unemployment grew sharply in the three months to September, with many of those who lost their jobs earlier in the pandemic beginning to look for work again. The number of redundancies has also reached a record high.

“Vacancies continued to recover from the very low numbers seen earlier in the year. However, these figures predate the reintroduction of restrictions in many parts of the UK.”

For the three months ending September 2020, the highest employment rate estimate in the UK was in the South East (78.3%) and the lowest was in Northern Ireland (70.5%).

For the three months ending September 2020, the highest unemployment rate estimate in the UK was in the North East (6.7%) and the lowest was in Northern Ireland (3.6%).

For the three months ending September 2020, the highest economic inactivity rate estimate in the UK was in Northern Ireland (26.8%) and the lowest was in the South East (18.1%).

Between June and September 2020, workforce jobs decreased in all regions of the UK, with the largest decrease in London at 104,000 and the smallest in Northern Ireland at 1,000.

In September 2020, the region with the highest estimated proportion of workforce jobs in the services sector was London at 92.0%, while the East Midlands had the highest proportion of jobs in the production sector at 13.1%.

The highest average estimated actual weekly hours worked, for the 12 months ending June 2020, was in London at 31.7 hours and the lowest was in the North East at 28.4 hours; for full-time workers, it was highest in London at 35.9 hours, and for part-time workers it was highest in Northern Ireland at 15.5 hours.

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