HRreview Header

UK unemployment rate sticks at 4.9% after Brexit vote

-

UK-employment-rise

Britain’s unemployment rate remained at an 11-year low following the Brexit vote, with the jobless rate holding steady at 4.9 per cent between February to April 2016 and May to July 2016

The figures, from the Office for National Statistics cover the first full month following the Brexit vote on June 23. The number of unemployed people and the number of people not working and not seeking or available to work has fell.

 

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

There were also 8.83 million people aged from 16 to 64 who were economically inactive 92,000 fewer than for February to April 2016 and 195,000 fewer than for a year earlier.

Average weekly earnings for employees in Great Britain increased by 2.3 per cent including bonuses and by 2.1 per cent excluding bonuses compared with a year earlier.

However, Britain’s jobless benefits count, rose by 2,400 in August having fallen unexpectedly between June and July.

Britain’s employment rate also stayed at the highest level since comparable records began in 1971, holding at 74.5 per cent.

Average weekly earnings including bonuses rose by 2.3 per cent over the three months ending in July, better than the 2.1 per cent expected ahead of the release but slower than the 2.5 per cent growth recorded the previous month.

 

Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

Four lessons for a great candidate experience

Providing a bad experience to job applicants can irreparably...

David Ogilvy & Elizabeth Bremner: Online social networking from an employers perspective, part 1

Part 1 of 2 The increasing popularity of social networking...
- Advertisement -

You might also likeRELATED
Recommended to you