Wednesday, 12 December 2012

Jobs - a look behind the headlines

Today saw the publication of the latest employment figures from ONS: Labour Market Statistics, December 2012.

BBC News headlines where - UK unemployment falls by 82,000, says ONS

However let us look behind the headlines. If we start with the quarterly growth in the total of people estimated to be employed in the UK:

You will notice that in the last quarter Aug-Oct 2012 the growth in the number of people employed grew as compared to the previous quarter, but less than the same quarter last year. Also in the last quarter there was 54 thousand more men in employment, whereas for women there was 13 thousand less in employment.

And if we look at the growth in workforce jobs in the last quarter:

The growth has come from new employee jobs. Previously there has been a concern about part time and self employed jobs, but this quarter the number fell:

And if we break down growth in employment to regions:

And unemployed by region:

You will notice a growth in unemployed in the growth engine of the UK which is London.

Finally the change in those classed as economical inactive since the previous quarter by region:

And of those economical inactive the change in the last quarter is:

To summaries,  whilst the economy is in the doldrums with low growth, jobs are still being created in the private sector, mostly it seems in Yorkshire and the Humber. 

Notes: Figures in charts in thousands, click on charts to enlarge. Data from ONS.

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