UK Stats 2.8 Unemployed People Per Vacancy

Tuesday 23 March, 2021 Written by 
UK Stats 2.8 Unemployed People Per Vacancy

UNEMPLOYMENT -  is 1,703,000 and has fallen by 41,000 from last month’s published figure (quarterly headline has risen by 11,000) and the unemployment rate 5.0%, decreased by 0.1 percentage points on last month and has risen by 0.1 percentage points on last quarter.

The ONS figure for claimant unemployed is 2,682,800, up by 86,600 on last month, and the claimant rate is 7.5%.

The number of workless young people (not in employment, full-time education or training) is 1,004,000, increased by 5,000 on the quarter, representing 14.7% of the youth population (no change).

Youth unemployment (including students) is 582,000, is down by 15,000 on the quarter.

Vacancies in December to February 2021 fell 3,000 (in the ONS official series) to 601,000 after recovering strongly from the low point of 343,000 in April to June 2020.

There are now 2.8 unemployed people per vacancy.

The employment rate is 75.0% (no change on last month’s published figure and reduced by 0.3 percentage points in the preferred quarterly measure).

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