Here are some questions on the UK labour market - which student will be the most accurate? Your Answer Correct Answer What percentage of the labour force is out of work in the UK? (Answer to within 1%) What percentage of all people aged from 16 to 64 have a paid job (full time or part time)? Answer to within 1% How many unfilled job vacancies are there in the UK labour market? (answer to nearest 100,000) The latest figures show that there are 2.32 million people unemployed in the UK. What percentage of these people have been out of work for at least one year? (Answer to within 5%) Match the following categories with the right numbers in the right hand column – use lines to link your answers together Number of people employed in the public (state) sector 432,000 Number of people counted as self-employed 5.7 million Number of people employed in the National Health Service (NHS) 1.56 million Number of people employed in the Armed Forces and the police 2.64 million Number of unemployed 16 to 24 year olds (31% of whom are in full-time education) 8.93 million Number of non-UK nationals in employment in the UK labour market 920,000 Number of economically inactive people aged from 16 to 64 4.2 million All data is taken from the January2014 Labour Market Statistics Bulletin Answers Your Answer Correct Answer What percentage of the labour force is out of work in the UK? (Answer to within 1%) 7.1% What percentage of all people aged from 16 to 64 have a paid job (full time or part time)? Answer to within 1% How many unfilled job vacancies are there in the UK labour market? (answer to nearest 100,000) 72% 560,000 The latest figures show that there are 2.32 million people unemployed in the UK. 52% What percentage of these people have been out of work for at least one year? (Answer to within 5%) Unemployment in the UK Economy per cent of the labour force Unemployed people aged 16-59 (women) / 64 (men), seasonally adjusted 9 9 8 8 7 7 6 6 Labour Force Survey 5 5 4 4 Claimant Count 3 3 2 2 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Source: Labour Force Statistics Employment Rate in the UK Economy Percent United Kingdom, Employment, Rate, Aged 16-64, seasonally adjusted 73.5 73.5 73.0 73.0 72.5 72.5 72.0 72.0 71.5 71.5 71.0 71.0 70.5 70.5 70.0 70.0 69.5 69.5 69.0 69.0 68.5 68.5 68.0 68.0 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin Unfilled Vacancies in the UK Labour Market Number of Three month average, seasonally adjusted 700000 700000 650000 650000 600000 600000 550000 550000 500000 500000 450000 450000 400000 400000 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin UK Unemployment, By Duration Persons (millions) Millions, seasonally adjusted, using Labour Force Survey data 1.6 1.6 1.4 1.4 1.2 1.2 1.0 1.0 0.8 0.8 0.6 millions Unemployed for up to six months 0.6 Unemployed for over 12 months 0.4 0.4 0.2 0.2 Unemployed for over 24 months 0.0 0.0 03 04 05 06 07 08 09 10 11 12 13 Source: Reuters EcoWin Match the following categories with the right numbers in the right hand column – use lines to link your answers together Number of people employed in the public (state) sector 432,000 Number of people counted as self-employed 5.7 million Number of people employed in the National Health Service (NHS) 1.56 million Number of people employed in the Armed Forces and the police 2.64 million Number of unemployed 16 to 24 year olds (31% of whom are in full-time education) 8.93 million Number of non-UK nationals in employment in the UK labour market 920,000 Number of economically inactive people aged from 16 to 64 4.2 million