The number of people in work in the United Kingdom increased by 179,000 to a new record high of 32.72 million in the three months to February 2019, slightly below market expectations of a 180,000 gain. Year-on-year, employment rose by 457,000 due entirely to more people working full-time (up 473,000 on the year to reach 24.15 million). Part-time working showed a small fall of 15,000 on the year to reach 8.57 million. The UK employment rate was estimated at 76.1 percent, higher than for a year earlier (75.4 percent) and the joint-highest figure on record. Estimated employment rates for men and women aged between 16 and 64 years have been generally increasing since early 2012. For December 2018 to February 2019, the employment rate: for men was estimated at 80.5 percent; it has not been higher since December 1990 to February 1991; for women was estimated at 71.8 percent, the joint-highest since comparable records began in 1971. Employment Change in the United Kingdom averaged 42.38 Thousand from 1971 until 2019, reaching an all time high of 311 Thousand in March of 2014 and a record low of -279 Thousand in May of 2009.
Employment Change in the United Kingdom is expected to be 85.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in the United Kingdom to stand at 60.00 in 12 months time. In the long-term, the United Kingdom Employment Change is projected to trend around 50.00 Thousand in 2020, according to our econometric models.