The number of people in work in the UK rose by 167,000 to an all time high of 32.60 million between July to September 2018 and October to December 2018 and above market expectations of a 140,000 gain. The number of employed men increased by 89,000 to 17.29 million and the number of employed women advanced by 78,000 to 15.31 million. In the same period, the employment rate for all people aged from 16 to 64 years was 75.8 percent, the joint-highest since comparable estimates began in 1971. Employment Change in the United Kingdom averaged 41.53 Thousand from 1971 until 2018, reaching an all time high of 307 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 100.00 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 120.00 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.