UK Unemployment Stats and Graphs


A selection of graphs and statistics on UK unemployment. Also, looking at factors that explain changes in UK unemployment. Why unemployment was lower in 2000s and 2010s, and how Covid-19 will cause a sharp spike in unemployment.   Raw data:  Labour market data | Source: ONS MGSX (LFS) Current UK Unemployment rate An unemployment rate …

Read more

UK Bond Yields Explained


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 £50 to the holder of this bond.

  • If demand for government bonds rose, this £1,000 bond would increase in price as investors pushed up the market price.
  • But, the government still pay £50 a year interest until maturity. If the market price of the bond rises to say £2,000, the interest rate (yield) is now 2.5% (50/2000)
  • Therefore higher demand for bonds leads to lower bond yields.
  • Conversely, if people sell bonds, this pushes up the bond yield (e.g. what happened in Greece)

How change in price of a bond changes the effective yield


Recent UK Bond Yields


Source: Bank of England – 10-year bond yields

Read more

Employment Rates – Population ratio

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 Rates

  • A fall in the employment rate to less than 70% is an indicator that the economy is working well below full capacity.
  • The government will be losing out on employment tax revenue
  • The government will be paying more on welfare benefits to support those out of employment.


Read more

Item added to cart.
0 items - £0.00