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 weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
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

Unemployment falls as private sector pay growth slows to 2.9%

Official figures show unemployment edged lower but vacancies, payroll employment and private sector wage growth continued to weaken.

Building trust through growth, change and uncertainty

An HR director reflects on culture, communication and leadership during a period of major business transformation and growth.

Performance reviews leave many workers feeling ‘less positive’

More than a third of employees say they felt less positive about their role after their last performance review, raising concerns about engagement and retention.

Chris Jay: Addressing disability disclosure ahead of pay gap reporting

Employees making a first-time disclosure must feel confident that they will be supported and that their honesty will benefit them.
- Advertisement -

Group risk payouts hit record £2.69bn as return-to-work support grows

Record payments through employer-sponsored protection benefits helped support workers and their families while thousands returned to work following illness.

Knowledge workers ‘eye career exits’ as AI fears grow

Workers are considering career changes, retraining and early retirement as concerns grow about how AI could affect future job security.

Must read

Robert Leeming: The ‘phony world’ of the living wage?

There is no doubt that George Osborne's living wage, to be launched next year, is a policy with its heart in the right place. For example, more than three and a half million women, almost 30 percent of the female workforce, will receive a pay rise as a result of the legislation.

Jeanette Wheeler: The business case for purpose-led leadership

Public scrutiny on businesses and societal expectations are putting pressure on leaders to demonstrate that purpose runs deeper than profit.
- Advertisement -

You might also likeRELATED
Recommended to you