Menu
14/06/2006
UK jobless total continues to rise
The UK unemployment rate has continued to rise sharply, according to the latest figures released from the Office for National Statistics (ONS) today.
The unemployment rate rose to 5.3%, up 0.2% over the quarter and up 0.6% over the year. The number of unemployed people increased by 77,000 over the quarter and by 199,000 over the year, to reach 1.61 million.
The employment rate for people of working age was 74.7% for the three months ending in April 2006. This is up 0.2% over the quarter but down 0.1% over the year.
However, the number of people in employment for the three months ending in April 2006 was 28.94 million, the highest figure on record. Employment increased by 130,000 over the quarter and by 272,000 over the year. The number of jobs in March 2006 was 30.98 million. This is the highest figure on record and is up 52,000 on the quarter and up 146,000 over the year.
The figures revealed that the number of people claiming Jobseeker's Allowance benefit has increased, the number of job vacancies has fallen, and the downward trend in the employment rate has levelled off.
While growth in average earnings excluding bonuses has fallen, growth in average earnings including bonuses has increased.
Total hours worked per week were 924.2 million. This is down 1.8 million over the quarter but up 6.7 million over the year.
The annual rate of growth in average earnings (the AEI), excluding bonuses, was 3.8% in April 2006, down 0.1% from the previous month. Including bonuses it was 4.4%, up 0.2% from the previous month.
The average number of job vacancies for the three months to May 2006 was 594,100. This was down 9,200 on the previous quarter and down 39,700 over the year.
The redundancy rate for the three months to April 2006 was 6.0 per 1,000 employees, up from 5.7 from the previous quarter.
(SP/KMcA)
The unemployment rate rose to 5.3%, up 0.2% over the quarter and up 0.6% over the year. The number of unemployed people increased by 77,000 over the quarter and by 199,000 over the year, to reach 1.61 million.
The employment rate for people of working age was 74.7% for the three months ending in April 2006. This is up 0.2% over the quarter but down 0.1% over the year.
However, the number of people in employment for the three months ending in April 2006 was 28.94 million, the highest figure on record. Employment increased by 130,000 over the quarter and by 272,000 over the year. The number of jobs in March 2006 was 30.98 million. This is the highest figure on record and is up 52,000 on the quarter and up 146,000 over the year.
The figures revealed that the number of people claiming Jobseeker's Allowance benefit has increased, the number of job vacancies has fallen, and the downward trend in the employment rate has levelled off.
While growth in average earnings excluding bonuses has fallen, growth in average earnings including bonuses has increased.
Total hours worked per week were 924.2 million. This is down 1.8 million over the quarter but up 6.7 million over the year.
The annual rate of growth in average earnings (the AEI), excluding bonuses, was 3.8% in April 2006, down 0.1% from the previous month. Including bonuses it was 4.4%, up 0.2% from the previous month.
The average number of job vacancies for the three months to May 2006 was 594,100. This was down 9,200 on the previous quarter and down 39,700 over the year.
The redundancy rate for the three months to April 2006 was 6.0 per 1,000 employees, up from 5.7 from the previous quarter.
(SP/KMcA)
Related UK National News Stories
Click here for the latest headlines.
26 January 2010
UK Emerges From Recession
The British economy has officially moved out of recession. Growth during the last three months of 2009 was recorded at 0.1%, a much smaller than predicted trajectory. The economy had shrunk for six continuous quarters, the deepest dip in over 50 years.
UK Emerges From Recession
The British economy has officially moved out of recession. Growth during the last three months of 2009 was recorded at 0.1%, a much smaller than predicted trajectory. The economy had shrunk for six continuous quarters, the deepest dip in over 50 years.
26 April 2005
BP reports profit increase
BP profits have announced a rise in profit in their first quarter report for the company's new trading year. The oil company confirmed that its first quarter replacement cost profit was £5,491 million, an increase of 29% from the same period in 2004.
BP reports profit increase
BP profits have announced a rise in profit in their first quarter report for the company's new trading year. The oil company confirmed that its first quarter replacement cost profit was £5,491 million, an increase of 29% from the same period in 2004.
17 April 2003
Regional imports suffer £1bn slump
Government figures released today have revealed that the value of regional imports has slumped by around £1 billion over the past quarter. According the Customs and Excise report, estimates for the fourth quarter 2002 saw regional imports dip £1 billion, or 2%, on the third quarter's figures to £51.4 billion.
Regional imports suffer £1bn slump
Government figures released today have revealed that the value of regional imports has slumped by around £1 billion over the past quarter. According the Customs and Excise report, estimates for the fourth quarter 2002 saw regional imports dip £1 billion, or 2%, on the third quarter's figures to £51.4 billion.
12 April 2006
Eurotunnel warns over debt pile
Eurotunnel, the group which runs the Channel Tunnel, has warned that its future is in doubt due to its mountain of debt. Eurotunnel, which has debts of £6.3 billion, has requested the opening of a new waiver period for negotiations with its creditors. The new waiver period would run until July 12, with a review planned in mid-May 2006.
Eurotunnel warns over debt pile
Eurotunnel, the group which runs the Channel Tunnel, has warned that its future is in doubt due to its mountain of debt. Eurotunnel, which has debts of £6.3 billion, has requested the opening of a new waiver period for negotiations with its creditors. The new waiver period would run until July 12, with a review planned in mid-May 2006.
18 May 2005
Jobs figures show increase in employment and fall in unemployment
The latest UK jobs figures have shown an increase in employment numbers and a fall in unemployment, the Office of National Statistics (ONS) revealed today. The employment rate for people of working age was 74.9% for the three months ending in March 2005, unchanged from the previous quarter and on the year.
Jobs figures show increase in employment and fall in unemployment
The latest UK jobs figures have shown an increase in employment numbers and a fall in unemployment, the Office of National Statistics (ONS) revealed today. The employment rate for people of working age was 74.9% for the three months ending in March 2005, unchanged from the previous quarter and on the year.
-
Northern Ireland WeatherToday:A dry day with long spells of sunshine for most, however eastern coasts will see rather more in the way of cloud at times, with just the risk of an odd light morning shower. Mainly light northerly winds. Maximum temperature 13 °C.Tonight:A fine end to the day with some evening sunshine. It remains dry overnight with a touch of frost possible in places, although cloud is expected to increase towards dawn. Minimum temperature 0 °C.
