Employment rate at highest levels since records began
Nick Herbert on his visit to flood hit areas of Cumbria
Please note that the post below was published more than ten year ago on 21st November 2009 Nick Herbert MP, shadow cabinet member for the Environment, Food, and Rural Affairs, was in Cumbria this morning to see the areas affected by the flooding. He writes on Conservative Home about his visit. Here is an extract. I’ve been in Cumbria today to see the areas affected by the floods. I arrived early in Keswick where I met officials from the Environment Agency. Although the river levels had fallen considerably and homes were no longer flooded, the damage to homes had been done. And the water which had got into houses wasn’t just from the river – it was foul water which had risen from the drains. I talked to fire crews who were pumping flood water back into the river, and discovered that they were from Tyne & Wear and Lancashire. They had been called in at an hours’ notice and had been working on the scene ever since, staying at a local hotel. You cannot fail to be impressed by the...
Comments
2 - and how many of them full time, on permanent contracts
3 - Why, why cant 1 wage support a family anymore like it could when I was little?
4 - so 379,000 people more people start a full time job than lose or retire from a full time job.
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/september2017
but here are some of your answers.
"Between February to April 2017 and May to July 2017, total hours worked per week increased by 4.4 million to 1.03 billion."
They also say that there were 5.44 million people employed in the public sector and 26.70 million people employed in the private sector for June 2017. This was:
•167,000 more than for March 2017
•365,000 more than for a year earlier
"UK employment level reached a new record high
The number of people in work in the UK increased by 181,000 in the 3 months to July 2017 to a new record high of 32.1 million, following 3 consecutive quarters (including the current quarter) of growth. The employment rate reached a new record high of 75.3% (up 0.5 percentage points) in the quarter. The number of employees and self-employed both increased in the 3 months to July 2017 and are also at record levels (27.1 million and 4.8 million respectively).
In addition, full time employment increased by 96,000 in the quarter to a record high of 23.6 million, and part-time employment increased by 86,000 in the quarter to 8.5 million.
The increase in employment coincides with a fall in inactivity. The total inactivity level decreased by 107,000 since the 3 months to April 2017, while the inactivity rate declined by 0.3 percentage points to a record low of 21.2%. These latest figures highlight some strengths in the UK labour market.
Total weekly hours increased by 1.5% in the 3 months to July 2017 (up 15.7 million hours) compared with a year earlier, coinciding with the recent growth in employment.
The majority (72.1%) of all people in employment worked 31 hours or more as their usual weekly hours. The average weekly hours for full-time workers remained unchanged at 37.5 hours.
The average weekly hours for those on zero hour contracts were 21.4 hours in the 3 months to June 2017, higher than for part-time workers who worked 16.3 hours on average during the same period.
1) 32.1 million if you count self-employed people, 27.1 million if you do not.
2) There were 23.6 million employed full time and this increased by 96,000 in the past quarter, I cannot tell you how many of those were on short-term contracts but according to the Times this morning, the number of people on zero-hours contracts has reached a plateau.
3) It isn't impossible. I supported a family on one salary for twelve years between about 2002 and 2014. I'll agree that it is harder, which I put down to higher transport and housing costs.
4) No, according to this morning's Times newspaper, full-time employment accounted for 313,000 of the 379,000 extra jobs compared with a year ago, so part time employment must have been up by 66k.
So the weight of evidence is that Britain is experiencing strong demand for labour and are doing well in getting people into work, including full-time work for those who want it.
Where we are not doing well is increasing the productivity of people who are in work, and this in turn is one of the major reasons why Britain's performance in increasing real incomes is much less satisfactory than our performance in getting people into work.
To address this we need incentives for companies to invest, more flexible and dynamic management, and better training.
Some - not all - British companies are badly managed. Some of their decisions certainly contribute to Britain's productivity problems. If we could improve the quality of management some of the consequences might include more investment, more R&D, more innovative policies and higher productivity. To that extent I go along with the direction the author of the anonymous comment above is pointing in.
However, the idea that all British companies are badly managed or that everything affecting poor productivity is down to management is as facile and incomplete as an explanation as it would have been had I written that it was all down to lazy workers and stupid trade unions (which I did not write and do not believe.)
Systemic incompetence cannot exist indefinitely in the private sector because it eventually results in the bankruptcy of the organisation concerned.
It is a challenge for the public sector to ensure that lessons are learned from mistakes and there have been events this year in Cumbria which reinforce the need for this to happen.