Unemployment down to 4.8%

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Unemployment fell to 4.8% for the period between July to September 2016, according to the latest figures from the Office for National Statistics.

Its figures show there were 31.80 million people in work in the period, 49,000 more than for April to June 2016 and 461,000 more than for a year earlier.

Most of the increase has been in full-time jobs. There were 23.24 million people working full-time, 350,000 more than for a year earlier. There were 8.56 million people working part-time, 110,000 more than for a year earlier.

There were 876,000 unemployed men, 15,000 fewer than for April to June 2016 and 82,000 fewer than for a year earlier.

There were 728,000 unemployed women, 22,000 fewer than for April to June 2016 and 64,000 fewer than for a year earlier. Employment rates for men and women were higher than for a year earlier with the increase in the employment rate for women partly due to ongoing changes to the State Pension age for women resulting in fewer women retiring between the ages of 60 and 65.

Average weekly earnings for employees in Great Britain not adjusted for price inflation increased by 2.3% including bonuses and by 2.4% excluding bonuses compared with a year earlier.



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