Unemployment falls to 5.5% as wages rise

Unemployment fell to 5.5% between February and April and wages rose to a four-year high, according to the Office for National Statistics.

It says there were 22.74 million people working full time in that period, 362,000 more than for a year earlier, and 8.31 million people working part-time, 63,000 more than for a year earlier. Self employment fell by 91,000 on the year before. Just over 78% of men and nearly 69% of women were in work. Employment figures for men are still slightly lower than before the recession, but for women are at their joint highest, in part due to changes in the retirement age.

The number of men working full-time increased by 190,000 to reach 14.36 million and the figure for men working part-time increased by 11,000 to reach 2.17 million. This compared to an increase of 172,000 for women working full time and 52,000 for women working part time.

The number of people who were unemployed stood at 1.81 million – 43,000 fewer than for the three months to January 2015 and 349,000 fewer than for a year earlier.

The number of people who were out of work, but not looking for a job, which includes carers and stay-at-home parents, was 9.02 million, 10,000 fewer than for the three months to January 2015, but 60,000 more than for a year earlier.

Pay for employees increased by 2.7%, both including and excluding bonuses, on the same period in 2014.

 





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