United Kingdom unemployment falls to 1.36 million

Marco Green
August 14, 2018

The unemployment rate for the United Kingdom as a whole fell to 4%, the lowest for more than 40 years, while the employment rate hit 75.6%.

They also show a rise in productivity, but a slowdown in wage growth.

"Latest estimates show that average weekly earnings for employees in Great Britain in real terms (that is, adjusted for price inflation) increased by 0.4% excluding bonuses, and by 0.1% including bonuses, compared with a year earlier", the Office for National Statistics said in the report.

The ONS figures also showed the number of European Union nationals working in the United Kingdom fell by a record amount.

There were 2.28 million European Union nationals working in this country in the quarter to June, 86,000 fewer than a year earlier, the largest annual decrease since records began in 1997.

Scotland's unemployment rate dropped slightly to 4.2% in the three months between April and June.

The drop came despite a smaller-than-expected number of jobs created over the three-month period of 42,000.

Scottish business minister Jamie Hepburn said the figures were "welcome", adding: "Scotland's economy and jobs market remains strong despite the continued challenges facing our economy as a result of Brexit uncertainty".

The number of workers on zero-hours contracts fell by 104,000 over the past year to 780,000, the first substantial fall since the ONS started tracking the figures in 2000.

The jobless total fell by 3,000 to 118,000 among Scots aged over 16, while the number of people in work north of the border is also on the rise.

Other reports by Click Lancashire

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