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UK Unemployment - claimant count falls more than expected
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inspector_monkfish
Posts: 9,276 Forumite
09:30 12May10 UK APRIL CLAIMANT COUNT -27,100 (CONS. -20,000), UNEMPLOYMENT RATE AT 4.7%, LOWEST SINCE APRIL 2009
09:30 12May10 UK ILO JOBLESS +53,000 IN 3 MTHS TO MARCH, RATE 8.0% (CONS. 8.0%)
09:30 12May10 UK LFS EMPLOYMENT -76,000 TO 28.829 MLN IN 3 MTHS TO MARCH
09:30 12May10 UK AVG WEEKLY EARNINGS +4.0% 3 MTHS TO MAR YY (CONS. +2.1%), HIGHEST SINCE Q2 '08, MAR ALONE 5.1% YY
09:30 12May10 UK AVG WEEKLY EARNINGS EX-BONUSES +1.9% 3 MTHS TO MARCH YY, MARCH ALONE +2.2% YY
09:30 12May10 TABLE-UK claimant count falls more than expected in Apr
LONDON, May 12 - The Office for National Statistics released the following provisional data for unemployment and average earnings on Wednesday. Data seasonally adjusted unless indicated:
CLAIMANT COUNT UNEMPLOYED
APR MAR (PREV MAR)
Monthly change -27,100 -32,700 (-32,900) Rate 4.7* 4.8 (4.8) Unemployment level (mln) 1.5169** 1.5440 (1.5438)
ILO UNEMPLOYMENT
JAN10-MAR10 OCT09-DEC09 JAN09-MAR09
Total (mlns) 2.510*** 2.457 2.231 Rate 8.0 7.8 7.1 Change on qtr (000s) 53 n/a n/a
LFS TOTAL IN EMPLOYMENT
Total (mlns) 28.829 28.905 29.170
Rate (age 16-64) 72.0**** 72.4 73.5 Change on qtr (000s) -76 n/a n/a
AVERAGE WEEKLY EARNINGS (3mth yy figures except where stated)
MAR FEB
headline rate 4.0***** 2.5
single mth yy 5.1 5.8
private sector 3.6 1.8
public sector 4.4 3.8
headline rate ex-bonuses 1.9 1.7
single mth yy 2.2 1.7
NOTE - MARKET FORECASTS:
Claimant count -20,000
ILO unemployment rate 8.0 pct
VACANCIES FEB-APR JAN-MAR FEB-APR 09
Total 475,000 477,000 454,000
UNIT WAGE COSTS
Latest qtr yr/yr (Q4) 2.4
PRODUCTIVITY
Latest qtr yr/yr (Q4) -1.4
* Lowest claimant count rate since April 2009
** Lowest claimant count unemployment level since April 2009
*** Highest ILO unemployment level since three months to Dec 1994
**** Lowest number of people in employment on LFS measure since three months to Sept 1996
**** Highest average weekly earnings since three months to June 2008
NOTE - The ONS has replaced its previous Average Earnings Index, which was based on monthly earnings, with a new index based on weekly earnings -- with a new methodology which it says provides a more reliable gauge of wage developments in the economy.
09:30 12May10 UK ILO JOBLESS +53,000 IN 3 MTHS TO MARCH, RATE 8.0% (CONS. 8.0%)
09:30 12May10 UK LFS EMPLOYMENT -76,000 TO 28.829 MLN IN 3 MTHS TO MARCH
09:30 12May10 UK AVG WEEKLY EARNINGS +4.0% 3 MTHS TO MAR YY (CONS. +2.1%), HIGHEST SINCE Q2 '08, MAR ALONE 5.1% YY
09:30 12May10 UK AVG WEEKLY EARNINGS EX-BONUSES +1.9% 3 MTHS TO MARCH YY, MARCH ALONE +2.2% YY
09:30 12May10 TABLE-UK claimant count falls more than expected in Apr
LONDON, May 12 - The Office for National Statistics released the following provisional data for unemployment and average earnings on Wednesday. Data seasonally adjusted unless indicated:
CLAIMANT COUNT UNEMPLOYED
APR MAR (PREV MAR)
Monthly change -27,100 -32,700 (-32,900) Rate 4.7* 4.8 (4.8) Unemployment level (mln) 1.5169** 1.5440 (1.5438)
ILO UNEMPLOYMENT
JAN10-MAR10 OCT09-DEC09 JAN09-MAR09
Total (mlns) 2.510*** 2.457 2.231 Rate 8.0 7.8 7.1 Change on qtr (000s) 53 n/a n/a
LFS TOTAL IN EMPLOYMENT
Total (mlns) 28.829 28.905 29.170
Rate (age 16-64) 72.0**** 72.4 73.5 Change on qtr (000s) -76 n/a n/a
AVERAGE WEEKLY EARNINGS (3mth yy figures except where stated)
MAR FEB
headline rate 4.0***** 2.5
single mth yy 5.1 5.8
private sector 3.6 1.8
public sector 4.4 3.8
headline rate ex-bonuses 1.9 1.7
single mth yy 2.2 1.7
NOTE - MARKET FORECASTS:
Claimant count -20,000
ILO unemployment rate 8.0 pct
VACANCIES FEB-APR JAN-MAR FEB-APR 09
Total 475,000 477,000 454,000
UNIT WAGE COSTS
Latest qtr yr/yr (Q4) 2.4
PRODUCTIVITY
Latest qtr yr/yr (Q4) -1.4
* Lowest claimant count rate since April 2009
** Lowest claimant count unemployment level since April 2009
*** Highest ILO unemployment level since three months to Dec 1994
**** Lowest number of people in employment on LFS measure since three months to Sept 1996
**** Highest average weekly earnings since three months to June 2008
NOTE - The ONS has replaced its previous Average Earnings Index, which was based on monthly earnings, with a new index based on weekly earnings -- with a new methodology which it says provides a more reliable gauge of wage developments in the economy.
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(MSE Andrea says ok!)
(MSE Andrea says ok!)
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Comments
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more good news (i think)
so if the private sector is employing more people, the public sector job cuts will not be felt as bad. good news0 -
What a state that incompetent fool Brown left the country in. Thank God George Osborne is here to sort it out.0
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its the tories fault their in power.......oh wait its good news.
Its the tories for being so good. (and they've not even been in power for 24hrs yet)If you find yourself in a fair fight, then you have failed to plan properly
I've only ever been wrong once! and that was when I thought I was wrong but I was right0 -
That's one way to cut benefit spending we call all agree with... cutting unemployment, and increasing industrial production.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
Arrgh Monkfish blinding me with endless figures!!!
I just saw this on Sky - jobless total highest since 1994
http://news.sky.com/skynews/Home/Business/UK-Unemployment-Rises-To-251m-Jobless-Total-Highest-Since-1994/Article/201005215630383?lpos=Business_Carousel_Region_2&lid=ARTICLE_15630383_UK_Unemployment_Rises_To_2.51m%3A_Jobless_Total_Highest_Since_19940 -
come on, you've got what you wanted. your job is done.Its the tories for being so good.
no need to get all tense in defending the tories - they be the answer to all of the countries issues
one thing that the David Cameron has done right is have Vince Cable as the puppet master to control the liability Osborne.0 -
come on, you've got what you wanted. your job is done.
no need to get all tense in defending the tories - they be the answer to all of the countries issues
one thing that the David Cameron has done right is have Vince Cable as the puppet master to control the liability Osborne.
Chucky it was a joke.......If you find yourself in a fair fight, then you have failed to plan properly
I've only ever been wrong once! and that was when I thought I was wrong but I was right0 -
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dealsearcher wrote: »He's still in attack mode.
Can we put our political toys down now and revert to the bear/bull baiting? !!!!!! I even agreed with carol on another thread;)In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0
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