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Latest News

UK is top of the league on employment

by Personnel Today 12 Nov 2003
by Personnel Today 12 Nov 2003

The
Government’s minister for work has hailed the UK as a jobs world leader after
new figures indicated Britain had the best employment market in the world.

Figures
published by the Organisation for Economic Co-operation and Development (OECD)
show the UK’s employment rate, at 74.6 per cent, is now higher than any of the
worlds seven biggest industrial economies.

The
unemployment rate of five per cent is also better than any of the other G7
nations (Japan, the US, Canada, Germany, France and Italy).

Des
Browne, minister for work said: "The UK has pioneered the development of
proactive support to help jobless people, especially the most disadvantaged, to
get back into work. With UK unemployment the lowest for a generation, partly
due to programmes like New Deal, we are extending help and support to other
jobless people, especially lone parents and those with disabilities."

Labour
market facts:

•
Figures published in the OECD Employment Outlook show the UK has the highest
employment rate and the lowest unemployment rate of the G7 group of major
industrialised countries

•
There were 28.15 million people in work in July to September, an increase of
309 thousand on the same quarter last year

•
The employment rate is 74.6 per cent, up 0.3 percentage points over the year
and one of the highest rates on record

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•
The number of permanent employees is 90,000 higher than a year ago, while the
number of people in temporary jobs is down 81,000 over the same period.

By Ross Wigham

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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