Latest Public Sector News

18.04.12

Unemployment down by 0.1%

Unemployment has fallen for the first time since last spring, according to the ONS. For the period between December 2011 and February 2012, the unemployment rate is at 8.3%, down 0.1% on the previous quarter.

The number of unemployed people is 2.65m, down by 35,000.

The employment rate for 16-64 year olds is 70.4%, up 0.1% on the quarter, with 29.17m people in employment, up 53,000 on the quarter.

The inactivity rate for those aged from 16 to 64 was 23.1%, down 0.1 on the quarter. There were 9.27 million economically inactive people aged from 16 to 64, down 25,000 on the quarter.

Total pay, including bonuses, rose by 1.1% on a year earlier, down 0.2 on the three months to January 2012. Regular pay, excluding bonuses, rose by 1.6% on a year earlier, unchanged on the three months to January 2012.

Nick Palmer from the ONS told BBC News: “If you look at the longer-term picture, unemployment rose quite strongly during the summer of last year, then the increases tailed off a bit towards the end of the year.

“So despite this latest decrease, the level of unemployment is significantly higher than it was a year ago, in fact it is some 170,000 higher than it was at the same point a year ago.”

Tell us what you think – have your say below, or email us directly at opinion@publicsectorexecutive.com

Comments

There are no comments. Why not be the first?

Add your comment

 

related

public sector executive tv

more videos >

last word

The importance of openness after Grenfell

The importance of openness after Grenfell

Following the recent Grenfell Tower tragedy, Lord Porter, chairman of the LGA, argues that if the public are going to have faith in the safety testing process then everything must be out in the open more > more last word articles >

public sector focus

View all News

comment

Camberley inspired: investment and regeneration

11/03/2019Camberley inspired: investment and regeneration

The decline of the Great British high street has been one of the greatest c... more >
Swindon's solar-powered recycling centre saves council cash

11/03/2019Swindon's solar-powered recycling centre saves council cash

Steve Cains, head of power solutions at Public Power Solutions, the wholly-... more >

interviews

Digital innovation in the public sector: The future is now

17/12/2018Digital innovation in the public sector: The future is now

One of the public sector’s key technology partners has recently welco... more >

the raven's daily blog

Councils Can: LGA launches Spending Review campaign

18/03/2019Councils Can: LGA launches Spending Review campaign

Lord Porter, chairman of the Local Government Association, outlines his organisation’s campaign to make sure local government tops to government’s list for this ye... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >