Thursday, September 14, 2017

EMPLOYMENT | UK Rate Goes to 75.3% High

London, September 14, 2017 – The UK employment rate, a robust indicator of national job creation, has surged above 75 percent.

As of July it is 75.3 percent of the working-age population. The ratio in London is consistently lower, by 1-2 percentage points, than the national ratio.

The UK is right behind, and challenging, Germany on this indicator. The number is current as of July 2017. The UK created 379,000 jobs during the year ending in July. The numbers are reported by the Office for National Statistics. 

The employment ratio is more stable measure than unemployment because it does not depend on assessments by surveyors and interviewees to determine whether someone else in the same household is employed or seeking a job.




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