Record numbers in work
New figures show that the number of people in work is at a record high and wages have risen at their fastest pace in a decade. With wages continuing to increase faster than prices, more people have the security of a regular wage and can provide for their families.
The Conservative government is helping people into work by reforming welfare so work always pays, while backing businesses to create more, better paying jobs across the whole country through our careful economic management and modern Industrial Strategy.
Since 2010, businesses have created the new jobs which enabled over 3.6 million more people to find employment.
The number of people out of work is at its lowest since 1975, at 3.9 per cent – as we are helping people into work so that they have the economic independence that a job brings and can reach their full potential.
Behind every employment number is a person and a family whose self-esteem, mental wellbeing, economic circumstances and life chances are all vastly improved by being in the workplace.
Key statistics:
The Conservative government is helping people into work by reforming welfare so work always pays, while backing businesses to create more, better paying jobs across the whole country through our careful economic management and modern Industrial Strategy.
Since 2010, businesses have created the new jobs which enabled over 3.6 million more people to find employment.
The number of people out of work is at its lowest since 1975, at 3.9 per cent – as we are helping people into work so that they have the economic independence that a job brings and can reach their full potential.
Behind every employment number is a person and a family whose self-esteem, mental wellbeing, economic circumstances and life chances are all vastly improved by being in the workplace.
Key statistics:
- Wages: Average weekly earnings for employees increased by 3.4 per cent compared with a year earlier.
- Employment: A record high of 32.71 million (up 473,000 over the last year and up by 3.67 million since 2010).
- Employment rate: 76.1 per cent (up 0.8 points over the past year and up 5.9 points since 2010).
- Unemployment: 1.34 million (down 112,000 over the past year and down by 1.17 million since 2010) and the lowest level since 1975.
- Unemployment rate: 3.9 per cent (down 0.4 points over the past year and down 4.0 points since 2010) – the lowest rate since 1975 and halving since 2010 (8.0 per cent).
- Youth unemployment: There are over 439,000 fewer young people out of work since 2010 – almost halving since 2010.
- Disabled people: There are almost 1 million more disabled people (930,000) in work since 2013, as we are breaking down the barriers to employment facing disabled people
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