Good news on jobs

New figures have shown that the number of people in full-time work has hit an all time high, unemployment has fallen to the lowest level in 45 years - and wages have risen ahead of prices for the 20th consecutive month.

By getting Brexit done, a Conservative majority government can move the country forwards and focus on the people’s priorities – investing in our NHS, tackling violent crime, and reducing the cost of living – including through increasing the National Living Wage to £10.50 per hour by 2024.

  • The unemployment rate is at its lowest level since 1974. The unemployment rate is currently 3.8 per cent –it has not been lower since 1974 (ONS, Labour market statistics, 12 November 2019).​ 
  • Full time employment: At a record high, and up by almost 3 million since 2010. In the three months to September, there were 24,213,000 people working full time that is up from 21,221,000 in period covering February- April 2010 (the last full period that Labour were in power). 
  • Employment: 32.8 million (up 323,000 over the last year and up by 3.7 million since 2010).​
  • Employment rate: 76.0 per cent (up 0.5 points over the past year and up 5.8 points since 2010).​
  • Unemployment: 1.3 million (down 71,500 over the past year and down by 1.20 million since 2010.​ 
  • Wages: Average weekly earnings for employees increased by 3.6 per cent compared with a year earlier – growing by 1.8 per cent after adjusting for inflation – meaning people have more money in their pockets. Wages have increased ahead of prices for 20 months in a row.​ 
  • Youth unemployment: There are 438,000 fewer young people out of work since 2010 – almost halving since 2010.​ 
  • Female employment: There are 1.8 million more women in work since 2010​. 
  • Ethnic minority: The number of people from an ethnic minority in work is at a record high. There are 1.2 million more people from an ethnic minority background in work since January-march 2010, increasing from 2,736,000 to 4,026,000.​ 
  • Disabled: The number of disabled people in work has increased by 1.3 million, and is now at a record high with the number of disabled people out of work at a record low

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