There were 1.36 million unemployed people in the UK in October December 2018, down 14,000 from the previous quarter and down 100,000 from the year before.
The unemployment rate was 4.0% (the percentage of the economically active population who are unemployed). This is the joint lowest rate since 1975. After the 2008 economic downturn, the rate reached a high of 8.5% in late 2011.
510,000 young people aged 16-24 were unemployed, up 33,000 from the previous quarter but down 31,000 from the year before. The unemployment rate for 16-24 year olds was 11.8%.
746,000 men were unemployed, a similar level to the previous quarter but down 32,000 from a year ago.
617,000 women were unemployed, down 12,000 from the previous quarter and down 68,000 from a year ago.
The unemployment rates were similar for men and women. In October-December 2018, it was 4.1% for men and 3.9% for women.
350,000 people had been unemployed for over 12 months, 18,000 fewer than the previous quarter and 19,000 fewer than a year ago.
Read Full News Story » UK Economic Indicators January 2019