Youth employment hits a million

Published on Wednesday, 16 November 2011 10:10
Posted by Scott Buckler

UK unemployment rose by 129,000 in the three months to September to 2.62 million, as youth unemployment also rose above a million.The jobless total for 16 to 24-year-olds hit a record high of 1.02 million in the quarter

The Office for National Statistics (ONS) said the unemployment rate also increased to 8.3%.The employment rate for those aged from 16 to 64 was 70.2 per cent, down 0.4 on the quarter. There were 29.07 million people in employment aged 16 and over, down 197,000 on the quarter. The unemployment rate was 8.3 per cent of the economically active population, up 0.4 on the quarter.

There were 2.62 million unemployed people, up 129,000 on the quarter. The unemployment rate is the highest since 1996 and the number of unemployed people is the highest since 1994. The inactivity rate for those aged from 16 to 64 was 23.3 per cent, up 0.1 on the quarter. There were 9.36 million economically inactive people aged from 16 to 64, up 64,000 on the quarter.

Total pay (including bonuses) rose by 2.3 per cent on a year earlier, down 0.4 on the three months to August 2011 (with both the private and public sectors showing lower pay growth). Regular pay (excluding bonuses) rose by 1.7 per cent on a year earlier, down 0.1 on the three months to August.

 

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