UK employment rate at joint record high
Posted on Wednesday, May 15, 2019 by Admin GradWales — No comments
Higher skilled roles drive joint record high employment rate of 76.1% and over 32 million people are in work in the UK, up over 3.6 million since 2010.
A booming higher-skill jobs market is driving continued record employment in the UK, new figures published yesterday (14 May 2019) from the Office for National Statistics (ONS) show.
The UK unemployment rate fell again to 3.8%, its lowest level since 1974, with female unemployment falling even further to a record low of 3.7%.
14.8 million are now employed in higher skilled roles, from professional tradespeople to scientists, nurses and accountants – a boost of 2.6 million since 2010, making up over 75% of the growth in employment.
Unemployment also remains at its lowest rate since the 1970s at 3.8%, as the figures also showed a record proportion of people from ethnic minorities are now in work, at 66.5%.
Wage growth also continued its upward trend this month, growing by 3.2%, a 1.3% rise in real terms.