United Kingdom jobless up for first time since Brexit vote aftermath

UK workers
Norway Jobless Rate Rises 0.1% in December
Author

22 February, 2018

The figure has risen from 4.3% to 4.4% for the three months to the end of December, according to the Office for National Statistics.

"This is the sharpest increase in the unemployment level the ONS has seen in nearly five years", Matt Hughes, a senior statistician from the ONS. told media. The number in unemployment rose by 46,000 to 1.47 million compared the previous three months.

Just under three quarters of Scots aged 16 to 64 are in work, with an employment rate of 74.3% north of the border - lower than the United Kingdom rate of 75.2%.

This increased the percentage of people out of work from 4% in the previous quarter to 4.5% - fractionally above the UK-wide total of 4.4%.

"This is demonstrated by our Budget investments of nearly £2.4 billion in enterprise and skills and the most attractive package of non-domestic rates reliefs available anywhere in the United Kingdom, including the Small Business Bonus, worth £720 million, and the UK's first nursery relief". That's up from the previous month's equivalent rate of 2.3 percent.

Earnings not including bonuses rose by 2.5 percent year-on-year.

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The number of people classed as economically inactive, including students, those on long-term sick leave, taken early retirement or who have given up looking for work, fell by 109,000 to 8.7 million, giving a rate of 21%.

Scotland's unemployment rate rose to 4.5% in the final three months of past year, according to official data.

"Earnings continue to grow more slowly than prices".

Employment minister Alok Sharma called the employment rate of 75.2% - down from 75.3% a month before - an "incredible achievement".

"It's important to remember these figures simply look at the number of people in work, and aren't a measure of migration".


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