Small business employers growing fastest in South West

The UK latest employment rate was highest in the South West at 78.1% in 2015.

The UK latest employment rate was highest in the South West at 78.1%

The largest increase in UK workforce jobs, for September 2015, was in the South West, at 39,000. The largest decrease was in the North East, at 26,000.

Conversely, the UK unemployment rate, for the 3 months ending October 2015, was highest in the North East (8.7%) and lowest in the South East (3.7%). The unemployment rate estimates are not showing any unusual movements with the majority of regions showing moderate decreases.

The UK inactivity rate, for the 3 months ending October 2015, was highest in Northern Ireland (27.0%) and lowest in the South West (18.6%). The largest changes in the inactivity rate, compared with the same period last year, were in the North East and Yorkshire and The Humber, which both increased by 1.2 percentage points.

The highest proportion of workforce jobs in the service sector was in London, at 91.7%, which has remained unchanged since June 2015. The West Midlands had the highest proportion of jobs in the production sector, at 12.9%.

The highest average actual weekly hours worked, for the 12 months ending June 2015, was in Northern Ireland, at 33.5 hours and lowest in the North East, at 31.4 hours. For both full-time and part-time workers, it was highest in Northern Ireland, at 38.1 hours and 17.3 hours, respectively.

The main employment points in the latest ONS figures for 2015 were:

There were 31.30 million people in work, 207,000 more than for May to July 2015 and 505,000 more than for a year earlier.

There were 22.88 million people working full-time, 338,000 more than for a year earlier. There were 8.42 million people working part-time, 167,000 more than for a year earlier.

The employment rate (the proportion of people aged from 16 to 64 who were in work) was 73.9%, the highest since comparable records began in 1971.

There were 1.71 million unemployed people (people not in work but seeking and available to work), 110,000 fewer than for May to July 2015 and 244,000 fewer than for a year earlier.

There were 939,000 unemployed men, 153,000 fewer than for a year earlier. There were 774,000 unemployed women, 91,000 fewer than for a year earlier.

The unemployment rate was 5.2%, lower than for a year earlier (6.0%). It has not been lower since the 3 months to January 2006. The unemployment rate is the proportion of the labour force (those in work plus those unemployed) that were unemployed.

Comparing August to October 2015 with a year earlier, pay for employees in Great Britain increased by 2.4% including bonuses and by 2.0% excluding bonuses.

So if you are an employer wanting help with your administration you can either ring us now on 01242 583001 – email us on edith@esbaccountancy.co.uk or click the Contact Us buttonpayroll bookkeeping services small business help contact esb accountancy gloucestershireor please fill the form at the bottom of the contact us page.

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