UK Recovery Continues To Look Solid

From numbers out from the Bank of England:

  • The employment rate for those aged from 16 to 64 for July to September 2013 was 71.8%, up 0.3 percentage points from April to June 2013. There were 29.95 million people in employment aged 16 and over, up 177,000 from April to June 2013.

  • The unemployment rate for July to September 2013 was 7.6% of the economically active population, down 0.2 percentage points from April to June 2013. There were 2.47 million unemployed people, down 48,000 from April to June 2013.

  • The inactivity rate for those aged from 16 to 64 for July to September 2013 was 22.2%, down 0.2 percentage points from April to June 2013. There were 8.92 million economically inactive people aged from 16 to 64, down 69,000 from April to June 2013.

  • Between July to September 2012 and July to September 2013 total pay rose by 0.7% and regular pay rose by 0.8%.

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