Office for National Statistics figures show that unemployment dropped by 27,000 in the three months to February, to 1.34 million. Furthermore, the number of people in work is at a record high of 32.7 million, representing a rise of 179,000. This figure has actually increased by 457,000 over the past year. Matt Hughes, ONS Deputy…
Tag: Office for National Statistics
More Young Adults are Living With Parents Nowadays
Office for National Statistics figures show that more young adults are living with their parents for longer than they did 20 years ago. Furthermore, they are staying in education longer and also not having children and getting married until an older age. In 1997, the most common living arrangement for people of this age group…
UK Wage Growth is at its Fastest in Nearly a Decade
Latest official data brings us the positive news that wages rose by 3.1% in the three months to August, in comparison with a year ago. Andy Haldane, Bank of England Chief Economist, recently said that he could see signs of a “new dawn” for wage growth. In August, the Bank of England said that it…Continue reading
Latest Figures Show UK Exports Rising and Trade Deficit Narrowing
This may give Remainers at least one less reason to think Brexit is all doom and gloom. Brexit is very much a hot topic right now; it has been for a couple of years and will most likely continue this way for decades to come. Let’s talk figures: Figures display an increase of £30.9bn from…Continue reading