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Labour market overview, UK: May 2019
The UK employment rate was estimated at 76.1%, higher than for a year earlier (75.6%) and the joint- highest figure on record. The UK unemployment rate was estimated at 3.8%; it has not been lower since October to December 1974. The UK economic inactivity rate was estimated at 20.8%, lower than for a year earlier (21.1%) and close to a record low. Excluding bonuses, average weekly earnings for employees in Great Britain were estimated to have increased by 3.3%, before adjusting for inflation, and by 1.5%, after adjusting for inflation, compared with a year earlier. Including bonuses, average weekly earnings for ... (full story)