The Office for National Statistics have released the employment figures for December 2018 to February 2019 and they are looking very positive.
Starting with employment rate, this is rated at 76.1%, the joint highest figure on record and the unemployment rate was estimated at 3.9% which hasn’t been lower since 1975.
The office estimate that 53.9% usually work between 31 and 45 hours a week and 18.3% usually work over 45 hours a week. 4.83 million people now class themselves as self-employed, 76,000 more than the previous year and 14.8% of the workforce. There has been a fall in vacancies suggesting a strong demand and the wage recovery continues to gather strength although the TUC General Secretary says that the pay squeeze has been the longest in 200 years. .
There has been a slight rise in the numbers of women in work, but this is because the State retirement has risen.