Record numbers in work and wages beat inflation

UK employment rate at joint record high 76.1%, as number in work reaches 32.8 million, and wages surpass inflation for the 17th consecutive month.

The UK jobs market remains resilient, as statistics out on 13 August 2019 show the number of people in work is at a record high of 32.8 million, a rise of over 3.7 million since 2010.

New figures from the Office for National Statistics also show the UK workforce is more gender diverse than ever before, with the number of women climbing to a new record high and ethnic minority employment rate at a near record high, now making up 51% and 32% of employment growth respectively since 2010.

Sectors such as manufacturing and construction are experiencing the big increase in number of jobs, with 85,000 more people employed in the last year.

Wages are also on the up this month outstripping inflation for a 17th month, boosting consumer confidence and spending power for millions – with real term total wage growth hitting 1.8%.

Meanwhile UK unemployment rate remains steady at 3.9% - as the number of unemployed people continues fall in every region of the UK since 2010.

These statistics also show the number of disabled people in work increasing by 1.15 million in the last 6 years – and an increase of 246,000 disabled people in employment in the last year.

Under Labour, Wales has the greatest high street vacancy rate in the UK. Too many Welsh high streets are blighted by boarded-up and vacant shops. Shoppers are turning away from the high street to out-of- town shopping centres and online retailers, damaging local communities and hurting shopkeepers.