UK employment rate increases

Official figures for UK employment were higher from May to July this year, according to the Office for National Statistics (ONS) statistical bulletin on the UK Labour Market released on Wednesday.

From May to July 2015 there were 31.09 million people in work, an increase of 42,000 compared to February to April 2015. The latest figure is also up by 413,000 over the same period in 2014.

ONS data shows that there were 22.74 million people working full-time in the UK in the period reported, 361,000 more than the prior year, while there were 8.36 million people working part-time, a rise of 52,000 year-on-year.

The proportion of people aged from 16 to 64 who were in work, which is reported as the employment rate, amounted to 73.5%. This percentage was only slightly different compared with February to April 2015, but higher than for a year earlier, when it was recorded as 72.8%.

British people who were not in work but seeking and available to work, numbered 1.82 million, which meant there were 10,000 more unemployed people than for February to April 2015. However, this number was 198,000 fewer than May to July in 2014.

The UK unemployment rate, which represents the proportion of the labour force who were unemployed, stood at 5.5%, unchanged compared with February to April 2015. But the rate was 6.2% lower than for a year earlier.

According to the ONS report, there were 8.99 million people aged from 16 to 64 who were economically inactive, meaning those not working and not seeking or available to work. This figure was 24,000 lower than for February to April 2015 and 65,000 lower than for the year before. The proportion of people aged from 16 to 64 who were economically inactive, known as the inactivity rate, was 22.1%, flat compared with February to April 2015 but down slightly from a year earlier , when it was recorded as 22.3%.

When comparing May to July 2015 with a year earlier, both total pay including bonuses and regular pay, not excluding bonuses, for employees in the UK, was revealed to have increased by 2.9%.