#AceNewsReport – Oct.13: The largest increase in vacancies was in the retail sector and in motor vehicle repair, it said: The UK unemployment rate was estimated at 4.5%, compared with a rate of 4% before the pandemic:
#AceDailyNews says according to the latest ONS report: UK job vacancies reach 20-year high with total of 1.1-million: The ONS said the number of employees on payrolls showed another monthly increase, rising 207,000 to a record 29.2 million in September…..
Vacancies are defined as positions for which employers are actively seeking recruits from outside their business or organisation. The estimates are based on the Vacancy Survey; this is a survey of employers designed to provide estimates of the stock of vacancies across the economy, excluding agriculture, forestry and fishing (a small sector for which the collection of estimates would not be practical).
A job is an activity performed for an employer or customer by a worker in exchange for payment, usually in cash, or in kind, or both. The number of jobs is not the same as the number of people in employment. This is because a person can have more than one job. The number of jobs is the sum of employee jobs from employer surveys, self-employment jobs from the Labour Force Survey (LFS), those in HM Forces and government-supported trainees. The number of people in employment is measured by the LFS; these estimates are available in our Employment in the UKrelease.
A more detailed glossary is available.Back to table of contents
Measuring the data
Consultation on the Code of Practice for Statistics – proposed change to 9.30am release practice
On behalf of the UK Statistics Authority, the Office for Statistics Regulation (OSR) is conducting a consultation on the Code of Practice for Statistics, proposing changes to the 9.30am release practice. Please send comments by 21 December 2021 to email@example.com.
For more information on how labour market data sources are affected by the coronavirus (COVID-19) pandemic, see the article published on 6 May 2020, which details some of the challenges that we have faced in producing estimates at this time.
An article, published on 11 December 2020, compares our labour market data sources and discusses some of the main differences.
Workforce Jobs estimates include data from the Labour Force Survey (LFS). From the 15 July 2021 an improved LFS weighting methodology, better accounting for population changes through the COVID-19 pandemic was implemented, affecting periods from January to March 2020 onwards. This publication of Workforce Jobs statistics is the first to take on these revised LFS estimates. For more information on the changes to LFS weighting methodology through the pandemic please see our article on the LFS Survey weighting methodology.
Impact on production of vacancy and workforce job estimates
Because of social distancing measures leading to the temporary closure of businesses across the UK, there have been some difficulties in collecting data using the Vacancy Survey and the Short-Term Employment Surveys.
Survey response rates were lower than is typical. To protect the quality of our output, we have used alternative sources where possible to inform data. We have used Standard Industrial Classification (SIC) section-level indications from the Business Insights and Conditions Survey (BICS), as well as survey contributor-level comments provided to us over the telephone or electronically, as a guide on whether businesses are operational and likely, or not, to be actively recruiting and to confirm employment figures.
The data in this bulletin come from surveys of businesses. It is not feasible to survey every business in the UK, so these statistics are estimates based on samples, not precise figures.
Estimates of vacancies are obtained from the Vacancy Survey, a survey of employers. Adzuna Online job advert estimates are also published as part of the Coronavirus and the latestindicators for the UK economy release.
Estimates of jobs are compiled from a number of sources, including Short-Term Employment Surveys (STES), the Quarterly Public Sector Employment Survey (QPSES) and the Labour Force Survey (LFS). STES is a group of surveys that collect employment and turnover information from private sector businesses. In December of each year, the jobs estimates are “benchmarked” to the latest estimates from the Business Register and Employment Survey (BRES).
The STES estimates are drawn for a specified date early in the last month of each calendar quarter. The March 2020 data were from 13 March 2020 before the start of coronavirus (COVID-19) social distancing measures.
For more information on how jobs data are measured, please see the Measuring the Data section in our previous release
The sampling variability of the three-month average vacancies level is around plus or minus 1.5% of that level expressed as a coefficient of variation, giving a 95% confidence interval for estimates of approximately plus or minus 20,000.
The sampling variability of the three-month average vacancies level, for a typical industrial sector is around plus or minus 6% of that level.Back to table of contents
#AceHealthDesk report ……………………Published: Oct.13: 2021:
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