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Unemployment in the UK Economy
Unemployed people aged 16-59 (women) / 64 (men), seasonally adjusted
9

8

8

7
per cent of the labour force

9

7

6

6

Labour Force Survey
5

5

4

4

Claimant Count
3

3

2

2

98

99

00

01

02

03

04

05

06

07

08

09

10

11

12

13

Source: Labour Force Statistics
UK Unemployment and Consumer Price Inflation
Annual percentage change in consumer prices, unemployment rate (%)
10

9

9

8

8

7

7

6

6

5
Percent

10

5

4

4

Unemployment
3
2

3

Inflation

2

1

1

0

0

-1

-1

-2

-2

89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13
Source: Reuters EcoWin
Regional Unemployment Rates in the UK
A selection of regional unemployment rates, per cent of the labour force, LFS measure
12

11

11

10

10

9

9

8

8

7

7

6

6

5

5

4

4

3

3

GBP

12

Jan May Sep Jan May Sep Jan May Sep
07
08
09
London
Northern Ireland
North East
Scotland

Jan May Sep Jan May Sep
10
11
South East
Yorks and Humber

Jan May Sep
12

Jan May
13

Source: UK Labour Market Statistics
UK Unemployment, By Duration
1.6

1.6

1.4

1.4

1.2

1.2

Unemployed for up to six months
1.0

1.0

0.8

0.8

0.6

0.6

millions

Persons (millions)

Millions, seasonally adjusted, using Labour Force Survey data

Unemployed for over 12 months
0.4

0.4

0.2

0.2

Unemployed for over 24 months
0.0

0.0

03

04

05

06

07

08

09

10

11

12

13

Source: Reuters EcoWin
Annual Change in Weekly Regular Pay and CPI Inflation
6.0

6.0

Percent

Percent

Annual growth of regular weekly pay, consumer price inflation (%)

Consumer Price Inflation (%)
5.0

5.0

4.0

4.0

3.0

3.0

2.0

2.0

1.0

Regular Weekly Pay (% annual change)

1.0

0.0
0.0
Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan May
07
08
09
10
11
12
13
Average Weekly Pay, 3 month average, seasonally adjusted
Consumer Price Index (All Items)
Source: Office of National Statistics
Unemployment Expectations
Net % balance of people expecting higher unemployment in the next year
80

70

70

60

60

50
Net balance

80

50

40

40

30

30

20

20

10

10

0

0

00

01

02

03

04

05

06

07

08

09

10

11

12

13

Source: Reuters EcoWin
Unfilled Vacancies in the UK Labour Market
Three month average, seasonally adjusted
700000

650000

650000

600000

Number of

700000

600000

550000

550000

500000

500000

450000

450000

400000

400000
05

06

07

08

09

10

11

12

13
Source: Reuters EcoWin
Long Term Unemployment for people Aged 18-24
Thousands, people out of work for at least a year

275000

275000

250000

250000

225000

225000

200000

200000

175000

175000

150000

150000

125000

125000

100000

100000

75000

75000

50000

50000

25000

25000

93

94

95

96

97

98

99

00

01

02

03

04

05

06

07

08

09

10

11

12

13

Source: Reuters EcoWin
Unemployment Rates for some OECD Countries
Percent of the labour force

Unemployment rate - per cent of the labour force (annual)
30

30

25

25

20

20

15

15

10

10

5

5

0

0
00

01

02
Greece
Ireland
Italy

03

04

05

06

07

Spain
Germany
United Kingdom

08

09

10

11

12

13

14

South Korea
United States
Source: OECD World Economic Outlook
Real GDP Growth and UK Unemployment
10.0
8.0

10.0
8.0

Unemployment (% of the labour force) RHS

6.0

6.0

4.0

4.0

2.0

2.0

0.0

Per cent of the labour force

Percentage growth of GDP

Annual % change in UK GDP at constant prices,% of labour force unemployed

0.0

-2.0

Real GDP (Annual % Change) LHS

-2.0

-4.0

-4.0

-6.0

-6.0

-8.0

-8.0
02

03

04

05

06

07

08

09

10

11

12

Source: UK Statistics Commission

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Unemployment Charts

  • 1. Unemployment in the UK Economy Unemployed people aged 16-59 (women) / 64 (men), seasonally adjusted 9 8 8 7 per cent of the labour force 9 7 6 6 Labour Force Survey 5 5 4 4 Claimant Count 3 3 2 2 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Source: Labour Force Statistics
  • 2. UK Unemployment and Consumer Price Inflation Annual percentage change in consumer prices, unemployment rate (%) 10 9 9 8 8 7 7 6 6 5 Percent 10 5 4 4 Unemployment 3 2 3 Inflation 2 1 1 0 0 -1 -1 -2 -2 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin
  • 3. Regional Unemployment Rates in the UK A selection of regional unemployment rates, per cent of the labour force, LFS measure 12 11 11 10 10 9 9 8 8 7 7 6 6 5 5 4 4 3 3 GBP 12 Jan May Sep Jan May Sep Jan May Sep 07 08 09 London Northern Ireland North East Scotland Jan May Sep Jan May Sep 10 11 South East Yorks and Humber Jan May Sep 12 Jan May 13 Source: UK Labour Market Statistics
  • 4. UK Unemployment, By Duration 1.6 1.6 1.4 1.4 1.2 1.2 Unemployed for up to six months 1.0 1.0 0.8 0.8 0.6 0.6 millions Persons (millions) Millions, seasonally adjusted, using Labour Force Survey data Unemployed for over 12 months 0.4 0.4 0.2 0.2 Unemployed for over 24 months 0.0 0.0 03 04 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin
  • 5. Annual Change in Weekly Regular Pay and CPI Inflation 6.0 6.0 Percent Percent Annual growth of regular weekly pay, consumer price inflation (%) Consumer Price Inflation (%) 5.0 5.0 4.0 4.0 3.0 3.0 2.0 2.0 1.0 Regular Weekly Pay (% annual change) 1.0 0.0 0.0 Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan May 07 08 09 10 11 12 13 Average Weekly Pay, 3 month average, seasonally adjusted Consumer Price Index (All Items) Source: Office of National Statistics
  • 6. Unemployment Expectations Net % balance of people expecting higher unemployment in the next year 80 70 70 60 60 50 Net balance 80 50 40 40 30 30 20 20 10 10 0 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin
  • 7. Unfilled Vacancies in the UK Labour Market Three month average, seasonally adjusted 700000 650000 650000 600000 Number of 700000 600000 550000 550000 500000 500000 450000 450000 400000 400000 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin
  • 8. Long Term Unemployment for people Aged 18-24 Thousands, people out of work for at least a year 275000 275000 250000 250000 225000 225000 200000 200000 175000 175000 150000 150000 125000 125000 100000 100000 75000 75000 50000 50000 25000 25000 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin
  • 9. Unemployment Rates for some OECD Countries Percent of the labour force Unemployment rate - per cent of the labour force (annual) 30 30 25 25 20 20 15 15 10 10 5 5 0 0 00 01 02 Greece Ireland Italy 03 04 05 06 07 Spain Germany United Kingdom 08 09 10 11 12 13 14 South Korea United States Source: OECD World Economic Outlook
  • 10. Real GDP Growth and UK Unemployment 10.0 8.0 10.0 8.0 Unemployment (% of the labour force) RHS 6.0 6.0 4.0 4.0 2.0 2.0 0.0 Per cent of the labour force Percentage growth of GDP Annual % change in UK GDP at constant prices,% of labour force unemployed 0.0 -2.0 Real GDP (Annual % Change) LHS -2.0 -4.0 -4.0 -6.0 -6.0 -8.0 -8.0 02 03 04 05 06 07 08 09 10 11 12 Source: UK Statistics Commission