Archives for Office of National Statistics

Labour market economic analysis, quarterly: June 2020 from ONS…

Employment and labour market 3 June 2020 Labour market economic analysis, quarterly: June 2020 The ONS has today published the first in a new quarterly series of articles giving additional economic analysis of the latest UK labour market headline statistics and long-term trends. The first article looks at the impact of the coronavirus (COVID-19) pandemic on hours worked and vacancies in different UK industries. Main points Early indications of the impact of the coronavirus (COVID-19) pandemic on the labour market show that average weekly actual hours worked fell by 2.5% between January and March 2019 and the same period in 2020, compared
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Stats from Office for National Statistics on Family spending from April 2018 to March 2019…

Family spending in the UK: April 2018 to March 2019 Main points • Average weekly household spending in the UK was £585.60 in the financial year ending (FYE) 2019, a similar level to two years ago (£582.40), after adjusting for inflation. • Transport, housing and recreation and culture were the largest components of household spending, together accounting for 44% of total household expenditure. • Average weekly spending rose by 9.1% between 2012 and FYE 2019, with recreation and culture accounting for the largest share of this increase, up from £66.20 to £76.90 a week, followed by household goods and services
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2020 Housing Affordability Report with Stats for England & Wales for 2019, from the Office for National Statistics

Housing affordability in England and Wales: 2019 Commenting on the findings, ONS Head of Housing Analysis Nigel Henretty said: “This is the first significant improvement in housing affordability in England for ten years. “While housing remained significantly more affordable in Wales than in England, the gap between the most affordable and least affordable local areas decreased for the first time in four years. This was driven mainly by decreasing house prices in the least affordable areas.” Go to the ONS release or view the full release by reading on: Release:Housing affordability in England and Wales: 2019 Contact: Nigel Henretty Release date: 19
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People, Population & Community Stats from the Office for National Statistics / ONS

Living longer: implications of housing tenure in later life Last month, we looked at how housing tenure had changed over time, with future generations of older people more likely to live in rented accommodation than they do now. Today’s article explores some of the implications this has, including Amongst private renting households containing someone aged 60 or over, fewer than half have savings or investments. This compares with over three quarters of those who own their homes outright. Not all those who own outright are well-off. While a quarter of older households that own outright had at least £50,000 in savings
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Office for National Statistics Release The Shopping Basket Report for Measuring Inflation…

Reusable bottles and gluten-free cereals are in, as ONS updates the inflation basket… Commenting on this year’s basket of goods, ONS senior statistician Philip Gooding said: “This year we have added reusable bottles and mugs to the inflation basket, as there has been a rise in popularity with many consumers looking to decrease their environmental impacts. “It is important to remember that these annual changes are only a small percentage of the overall basket. This year we’ve added 16 items, removed 14 and modified 4, while leaving 702 unchanged. “Decisions on changes to the basket depend, among other issues, on
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