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A selection of graphs and statistics on UK unemployment. Also, looking at factors that explain UK unemployment and why unemployment has fallen in recent years.Raw data: Labour market data | Source: ONS MGSX (LFS)
Current UK Unemployment rateUnemployment rate of 4.3%, (Oct 2017) – (UK Unemployment at ONS)
1.45 million unemployed people. (ONS)Employment ratesEmployment rate: 75.3% (proportion of people aged 16-64 in work) – ONS
Employment: 32.136 million people in work.Participation…
UK bond yields are the rate of interest received by those holding Government bonds.
Governments sell bonds (via the Debt Management Office DMO) to fund their budget deficits. Bonds are a way for the government to borrow – a bit like the government taking out a loan.
Government bonds are frequently traded on bond markets. Therefore, their market price may be quite different to the original price set by the government.
Example. A government may sell a 10 year, £1,000 bond at 5% interest. This means every year the government will pay…
A list of CO2 Emissions by Major CountriesCO2 emissions are widely considered to play a significant role in contributing to global warming.Over the past few decades, the level of CO2 in the atmosphere have continued to rise. Scientists say this increase in CO2 has contributed to global warming.
Global warming has potentially damaging economic consequences with increased weather variability and loss…
A look at some varying employment rates across OECD countries.Source: OECD short term Labour Market stats
Employment rates are determined by the number of people of working age, who have a job.
The employment rate excludes:People who are unemployed. – actively seeking work and willing to take work
People who are students
People who take early retirement.
People on disability or sickness benefits.
Parents staying at home to look after their kids.Implications of Employment RatesA fall in the…
