Unemployment Charts November 2011

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Unemployment Charts November 2011

  1. 1. Unemployment  in Charts 
  2. 2. GDP Growth and Jobs for the UK Economy Exploring links between the economic cycle and the labour market 11 11 Unemployment rate (%, LFS measure) 9 9 Percent 7 7 5 5 3 3 6 4 4 2 1 Percent 0 Annual growth of real GDP (%) -2 -2 -4 -5 -6 -8 -8 29.75 29.75 Employment, All aged 16 and overPerson (millions) 29.25 29.25 millions 28.75 28.75 28.25 28.25 27.75 27.75 27.25 27.25 00 01 02 03 04 05 06 07 08 09 10 11 Source: Reuters EcoWin
  3. 3. Unemployment in the UK Economy Unemployed people aged 16-59 (women) / 64 (men), seasonally adjusted 13 13 12 12 11 11 10 10 9 9per cent of the labour force 8 Labour Force Survey 8 7 7 6 6 5 5 4 Claimant Count 4 3 3 2 2 1 1 0 0 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 12 Source: Labour Force Statistics
  4. 4. Unemployment Expectations Net % balance of people expecting higher unemployment in the next year 80 80 70 70 60 60 50 50Balance 40 40 30 30 20 20 10 10 0 0 00 01 02 03 04 05 06 07 08 09 10 11 Source: Reuters EcoWin
  5. 5. UK Unemployment, By Duration Millions, seasonally adjusted, using Labour Force Survey data 1.6 1.6 1.4 1.4 1.2 1.2 Unemployed for up to six months 1.0 1.0Persons (millions) millions 0.8 0.8 0.6 Unemployed for over 12 months 0.6 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 Source: Reuters EcoWin
  6. 6. Unfilled Vacancies in the UK Labour Market Three month average, seasonally adjusted 700000 700000 650000 650000 600000 600000Number of 550000 550000 500000 500000 450000 450000 400000 400000 01 02 03 04 05 06 07 08 09 10 11 Source: Reuters EcoWin
  7. 7. Redundancies in the UK Economy Monthly total 325000 325000 300000 300000 275000 275000 250000 250000redundancies 225000 225000 200000 200000 175000 175000 150000 150000 125000 125000 100000 100000 04 05 06 07 08 09 10 11 Source: Reuters EcoWin
  8. 8. UK Unemployment and Consumer Price Inflation Annual percentage change in consumer prices, unemployment rate (%) 10 10 9 9 8 8 7 7 6 6 5 5Percent 4 4 Unemployment 3 3 2 Inflation 2 1 1 0 0 -1 -1 -2 -2 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 Source: Reuters EcoWin
  9. 9. Euro Zone and UK Unemployment Percentage of the labour force, seasonally adjusted; 2011 forecast is from the OECD11 11 Euro Zone average10 10 9 9 8 8 7 UK unemployment rate 7 6 6 5 5 4 4 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 Source: Reuters EcoWin
  10. 10. Percent Annual % growth of real GDP Unemployment (% of labour force) Source: Reuters EcoWin
  11. 11. Greece: Deep recession creates mass unemployment 18.0 18.0 16.0 16.0 14.0 14.0 12.0 12.0 10.0 10.0 8.0 8.0Percent 6.0 6.0 4.0 4.0 2.0 2.0 0.0 0.0 -2.0 -2.0 -4.0 -4.0 -6.0 -6.0 00 01 02 03 04 05 06 07 08 09 10 11 12 Real GDP, precentage change from previous period, Constant Prices Unemployment rate Source: Reuters EcoWin
  12. 12. Per cent 12.0 12.0 10.0 10.0 8.0 8.0 Unemployment rate (%) 6.0 6.0 4.0 Real GDP growth (%) 4.0Percent 2.0 2.0 0.0 0.0 -2.0 -2.0 -4.0 -4.0 -6.0 -6.0 -8.0 -8.0 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 Source: Reuters EcoWin
  13. 13. Percent East West Source: Reuters EcoWin
  14. 14. Percent UK Spain Ireland Germany Poland Source: Reuters EcoWin
  15. 15. Overall level, number of people out of work, millions, seasonally adjusted 13.50 13.50 13.25 Real National Output 13.25USD (thousand billions) 13.00 13.00 thousand billions 12.75 12.75 12.50 12.50 12.25 12.25 12.00 12.00 11.75 11.75 11.50 11.50 11.25 11.25 11.00 11.00 16 16 15 15 14 Unemployment (millions, seasonally adjusted) 14 Person (millions) 13 13 12 12 millions 11 11 10 10 9 9 8 8 7 7 6 6 5 5 00 01 02 03 04 05 06 07 08 09 10 11 Source: Reuters EcoWin
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