13 Slides on the UK Labour Market in May 2014

13
THE UK LABOUR MARKET MAY 2014 These slides reflect the opinions of the author and not the official position of the ONS

description

13 slides on the UK labour market in May 2014. All data is from the Labour Market Bulletin which is published by the ONS and can be accessed here: http://bit.ly/1k089z4 Contains: Headline labour market figures Changes to employment over the past year by country of birth and nationality Male and female employment rates since 1971 Data on how people flow around the labour market. Follow @statshan on TES, teaching with statistics on FB and find more resources from me on the TES website.

Transcript of 13 Slides on the UK Labour Market in May 2014

Page 1: 13 Slides on the UK Labour Market in May 2014

THE UK LABOUR MARKETMAY 2014

These slides reflect the opinions of the author and not the official position of the ONS

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UK Employment: January - March 2014

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UK Unemployment: January - March 2014

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Not in the Labour Force: Jan - Mar 2014

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The claimant count comes from an “administrative data source”

It is not based on a survey.

Claimant Count: April 2014

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Jan-Mar 1993Jan-Mar 1994Jan-Mar 1995Jan-Mar 1996Jan-Mar 1997Jan-Mar 1998Jan-Mar 1999Jan-Mar 2000Jan-Mar 2001Jan-Mar 2002Jan-Mar 2003Jan-Mar 2004Jan-Mar 2005Jan-Mar 2006Jan-Mar 2007Jan-Mar 2008Jan-Mar 2009Jan-Mar 2010Jan-Mar 2011Jan-Mar 2012Jan-Mar 2013Jan-Mar 201425

26

27

28

29

30

31

The employment level is at a record high, however,

why is it better to consider the employment

rate?

Millions

Total Number of People in Employment in the UK Aged 16 and Over

Employment Level

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Jan-Mar 1993Jan-Mar 1994Jan-Mar 1995Jan-Mar 1996Jan-Mar 1997Jan-Mar 1998Jan-Mar 1999Jan-Mar 2000Jan-Mar 2001Jan-Mar 2002Jan-Mar 2003Jan-Mar 2004Jan-Mar 2005Jan-Mar 2006Jan-Mar 2007Jan-Mar 2008Jan-Mar 2009Jan-Mar 2010Jan-Mar 2011Jan-Mar 2012Jan-Mar 2013Jan-Mar 201467.0

68.0

69.0

70.0

71.0

72.0

73.0

74.0

The employment rate is rising but it is still not

back to it’s pre-downturn level.

Employment Rates in the UK for 16 to 64 year oldsEmployment Rate(%)

Employment Rate

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Seri

es1

40.0

50.0

60.0

70.0

80.0

90.0

100.0

Employment Rate(%)

Employment Rates in the UK for Men and Women Aged 16 to 64, 1971 to 2014

1973 1983 1993 2003 2013

Female employment rate = 67.7% in Jan – Mar 2014 Highest since records began in1971

Men

Women

Employment Rates for Men and Women

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Jan-Mar 2008

Jan-Mar 2009

Jan-Mar 2010

Jan-Mar 2011

Jan-Mar 2012

Jan-Mar 2013

Jan-Mar 2014

3.0

3.2

3.4

3.6

3.8

4.0

4.2

4.4

4.6

4.8

A strong increase in the number of self-employed.

Jan – Mar 2014: 4.6 million self-employed

1.3 million were estimated to be working part –time.

Millions

Number of Self-Employed People in the UK, 2008 to 2014

Self - employment

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UK Na-tionals

Non-UK Nationals

UK Born Non-UK Born

0

100

200

300

400

500

600Thousands

Changes to the Number of People in Employment Between Jan-Mar 2013 and Jan-Mar 2014

by Nationality and Country of Birth

Nationality Country of Birth

563

178

447

292

NB: The overall changes may differ due to rounding

Employment by Nationality & Country of Birth

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Rest of the world

USA

Pakistan and Bangladesh

India

Australia and New Zealand

Africa

Romania and Bulgaria

EUA8

EU14

-40 -20 0 20 40 60 80 100 120 140

The “younger” members of the EU

Thousands

Changes to the Number of People in Employment Between Jan-Mar 2013 and Jan-Mar 2014

Who Were Not Born in the UK, by Country of Birth

Employment by Country of Birth

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Jan-

Mar

200

9

Jan-

Mar

201

0

Jan-

Mar

201

1

Jan-

Mar

201

2

Jan-

Mar

201

3

Jan-

Mar

201

4-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Annual Growth Rates in Earnings and Consumer Prices

Earnings ex.bonuses

Earnings inc.bonuses

Consumer Prices Index

Growth in earnings inc. bonuses has risen above growth in consumer prices for the first

time since 2010. However, growth in earnings ex. bonuses is still below.

Earnings and Prices

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The Numbers Refer to The Number of People Aged 16 to 64, in Thousands

Unemployment2,182

Inactivity8,848

Employment29,343

Net flow from inactivity to unemployment of

85

Net flow from inactivity to employment of

35

Net flow from unemployment to employment of

235

570335

444479

481

396

Labour Market Flows