Employment_Surveys_for_the_UK_Economy.ppt

Employment Surveys for the
UK Economy
Tutor2u Economics
October 2008
Bank of England Regional Agents - Employment Survey
Net balance
Employment intentions in various sectors of the economy
3.0 Employment intentions; business services
3.0
2.5
2.5
-1
Employment intentions; consumer services -1.2
Employment intentions; manufacturing
-0.9
Employment intentions; total services
-1.1
2.0
2.0
1.5
1.5
1.0
1.0
0.5
0.5
0.0
0.0
-0.5
-0.5
-1.0
-1.0
-1.5
-1.5
Jan
Apr
Jul
05
Oct
Jan
Apr
Jul
Oct
Jan
06
Employment intentions; business services
Employment intentions; consumer services
Employment intentions; manufacturing
Employment intentions; total services
Apr
Jul
07
Oct
Jan
Apr
08
Jul
Source: Reuters EcoWin
UK Consumer Surveys - Unemployment Expectations
Net balance
Net percentage balance of people expecting a rise in unemployment over the next twelve months
60
60
50
50
40
40
30
30
20
20
10
10
0
0
-10
-10
-20
-20
85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08
Source: Reuters EcoWin
CBI Distributive Trades - Employment in Retailing
Net balance
Expected balance of respondents
50
50
40
40
30
30
20
20
10
10
0
0
-10
-10
-20
-20
-30
-30
83
85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08
Source: Reuters EcoWin
CBI Survey - Employment in Financial Services
60 Trends in numbers employed, next 3 months -44
60
Net balance
Trends in numbers employed, past 3 months -16
50
50
40
40
30
30
20
20
10
10
0
0
-10
-10
-20
-20
-30
-30
-40
-40
-50
-50
-60
-60
-70
-70
89 90
91
92
93
94
95
96
97
98
Trends in numbers employed, next 3 months
99
00
01
02
03
04
05
06
07
08
Trends in numbers employed, past 3 months
Source: Reuters EcoWin
Unemployment Rate for the UK
per cent, seasonally adjusted, source: Labour Force Survey and Claimant Count
Labour force survey
6.0
6.0
5.5
5.5
5.0
5.0
Percent
Labour Force Survey
4.5
4.5
4.0
4.0
3.5
3.5
3.0
3.0
Claimant count
2.5
2.5
2.0
2.0
00
01
02
03
04
05
06
07
08
Source: Reuters EcoWin