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Wednesday 25 May 2016
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UK employment hits new peak

Wed, 17 Feb 2016

The UK employment rate has inched even higher to once again reach its highest point since comparable records began in 1971.

Office for National Statistics data for the three months October to December 2015, released this morning, indicates an employment rate (the proportion of the population in work aged 16 to 64) of 74.1%, up from 74% on the previous period.

The data reveals 31.42m people are in work, 205,000 more than for July to September 2015 and 521,000 more than for a year earlier, while the unemployment rate was 5.1%, lower than for a year earlier (5.7%).

Employment rose across all age groups except 16-17-year-olds. For this group the employment rate decreased from 369,000 to 359,000 over the quarter.