Employment Rise in UK
According to the office of National Statistic it is estimated that employment rates for both men and women have been generally increasing since early 2012. For November 2018 to January 2019, the employment rate:
- for all people was estimated at 76.1%, the highest since comparable records began in 1971
- for men was estimated at 80.5%; it has not been higher since December 1990 to February 1991
- for women was estimated at 71.8%, the highest since comparable records began in 1971
The increase in the employment rate for women over the last few years has been due partly to changes to the State Pension age for women, resulting in fewer women retiring between the ages of 60 and 65 years.
Estimates for November 2018 to January 2019 show 32.71 million people aged 16 years and over in employment, 473,000 more than for a year earlier. This estimated annual increase of 473,000 was due mainly to more people working full-time (up 424,000 on the year to reach 24.12 million). Part-time working also contributed with an increase of 49,000 on the year to reach 8.60 million.
Great news for all involved!