Some more good news on jobs this week.
The employment rate increased to 71.5%. There were 29.73 million people in employment, up 154,000.
The unemployment rate was down to 7.8%. There were 2.50 million unemployed people, down 14,000.
Most importantly here in the North East: Employment is up by 9,000 and unemployment is down 4,000.
Overall employment is up by an impressive 888,000 since the General Election.
As has been pointed out; these ONS statistics are a mystery. Productivity is lower than it used to be, so, it begs the questions what are people doing at work, with more of them producing less?
ReplyDeleteAnd as I've said before; still the UK economy doesn't show any sign of growing, but there are more people working.
Very strange, and to be honest, I'm not sure a good position at all.