ao link

You are viewing 1 of your 2 articles

To continue reading register for free, or if you’re already a member login

 

Register  Login

Unemployment grows by 0.1% as ONS reports slowdown in growth of EU workers

Unemployment rose by 0.1% to 4.4% in the three months to December 2017, according to the latest report from the Office of National Statistics (ONS).

 

Approximately two-thirds of the net increase, which at 46,000 took the number of unemployed to 1.47 million, has been attributed to young people.

 

Today's report reads: "Approximately two-thirds of the net increase in unemployment can be attributed to the people in the younger age groups, namely 16 to 17 and 18- to 24-year-olds. On the one hand, these age groups exhibit higher volatility. On the other, the direction of the change was consistent across all age groups, which raises a question of whether unemployment reached its minimum and will either grow or remain at a broadly stable level in 2018. It is worth remembering that the unemployment rate is still 0.4 percentage points lower than in the three months to December 2016."

 

The report also highlighted a slowdown in the growth of EU workers among the UK labour force.

 

It states: "A rather expected development in the labour market over the course of 2017 was a slowdown in the growth of the number of the EU workers. At this point it is worth stressing that these data do not show recent migration. Nor do they show new jobs. Rather, the figures show the net effect of people entering employment less the people leaving employment, in each of the categories by nationality. The number of people entering or leaving employment is much larger than the net changes."

 

The number of people in employment did increase by 88,000 to 32.2 million, compared to the previous quarter.

 

The increase was driven by the number of full-time employees, which increased by 136,000.

 

Chief executive of the Association of Licenced Multiple Retailers Kate Nicholls said: "With unemployment still low, it is absolutely vital that the Government acts to ensure businesses continue to have access to labour to meet predicted growth. This means providing clarity and certainty on the future status of non-UK EU workers and adopting a future immigration policy that understands and accommodates the challenges and opportunities facing UK businesses."

 

BHA warns employment growth ‘in jeopardy' >>

 

Videos from The Caterer archives

 

 

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

Newsletter sign up

Stay informed with all the latest

Newsletter Sign Up

Stay informed with the latest news

 

Sign Up

People Awards 2024

People Awards 2024

Plant-Based World Expo

Plant-Based World Expo

Social Media Summit 2024

Social Media Summit 2024

Hotel Cateys

Hotel Cateys

Queen's Awards for Enterprise

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

Jacobs Media

Jacobs Media is a company registered in England and Wales, company number 08713328. 3rd Floor, 52 Grosvenor Gardens, London SW1W 0AU.
© 2024 Jacobs Media

We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings