Tuesday, August 13, 2019

Employment figures

Latest figures continue to show that there are a record number of people in work, including a record number of women and disabled people, and wages are growing at their fastest pace in 11 years as Conservative policies are providing a solid foundation on which to build Britain’s economic future.

With the number of people in work at its highest on record, more people than ever before have the economic independence that a job brings and can reach their full potential.

But we must do more to deliver a strong economy to fund the public services we all rely on.

Too many communities have been left behind, so we will go further to invest in infrastructure and skills so that everyone has a fair chance to get on in life wherever they live and whatever their background.

Labour's announced policies would damage the economy. Just like the last time they were in power,  they’d leave us with more debt, higher taxes and fewer jobs, hitting ordinary working people and hurting the people they claim to help.

Key statistics
  • Wages: Average weekly earnings for employees increased by 3.9 per cent compared with a year earlier. 
  • Employment: 32.81 million (up 425,000 over the last year and up by 3.76 million since 2010).
  • Employment rate: 76.1 per cent (up 0.6 points over the past year and up 5.9 points since 2010).
  • Unemployment: 1.33 million (down 33,000 over the past year and down by 1.18 million since 2010). 
  • Unemployment rate: 3.9 per cent (down 0.1 points over the past year and down 4.1 points since 2010) –halving since 2010 (8.0 per cent). 
  • Youth unemployment: There are 437,000 fewer young people out of work since 2010 – almost halving since 2010. 
  • Disabled people: The number of disabled people in work is at a record high of 4.1 million. There are over 1 million more disabled people in work since 2014. 
  • BAME employment: 3.9 million (up 1.1 million since 2010).

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