In Defence of Liberty

Driven by data; ridden with liberty.

Rebuilding Reports

The Office for National Statistics have launched their new website. As part of the website’s new capabilities, users are now able to draw out and visualise data. These time series can be either pulled out by searching their full name or by their series identification. Full names may not conform to what we typically call a particular statistic.

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Break the code. (Source: ONS)

It is useful to know the series ID for key statistics relating to the labour market, in preparation for the ONS monthly updates to their Labour Market Statistics [1].

Headline Indicators

There are six headline indicators in the Labour Market Statistics.

The first is employment, which is the count of all people aged 16 and over in employment, with series ID MGRZ.

The employment rate is the proportion of people, aged 16 to 64, that in employment. This has the series ID LF24.

Similarly, the unemployment level is the count of people aged 16 and over who are economically active but out of work. The full name for this series is ‘LFS: Unemployed: UK: All: Aged 16+: 000s: SA: Annual = 4 quarter average’, and it has the series ID MGSC.

The unemployment rate is the proportion of unemployed people aged 16 and over as a percentage of the economically active population. This has the series ID MGSX.

rebuilding-reports-unemployment-rate.png

You can also extract images. (Source: ONS)

The third tranche of headline statistics concerns inactivity, which are of people in the Labour Force Survey household population who are not economically active: either in work or looking for work. The inactivity level has the series ID LF2M, and the full title ‘LFS: Economically Inactive: UK: All: Aged 16-64: Thousands: SA’.

The inactivity rate (more formally ‘LFS: Economic inactivity rate: UK: All: Aged 16-64: %: SA’) has the ID LF2S.

Other series IDs may be read off an archived LMS report [2].

Tethered

Whilst not a headline labour market statistic, the total public sector pay growth (annual growth of the 3 month average, excluding financial services) should be of particular interest [3].

rebuilding-reports-pay-growth

Scrolling over points reveals their value. (Source: ONS)

This appears to be the measure that the Independent Parliamentary Standards Authority are using to uprate the pay of MPs. This figure was 1.3% in December 2015, and the same pay increase given to MPs for the year 2016-17 [4].

References

[1] ONS, 2016. UK Labour Market: March 2016. Available from: http://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/march2016 [Accessed: 27th March 2016]

[2] ONS, 2014. UK Labour Market, December 2014. Available from: http://webarchive.nationalarchives.gov.uk/20160105160709/http://www.ons.gov.uk/ons/dcp171778_385648.pdf [Accessed: 27th March 2016]

[3] ONS, 2016. Time series: LMSB SA AWE total pay pub sector ex. fin services growth yr on yr 3 month av. Available from: http://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/timeseries/kae2 [Accessed: 27th March 2016]

[4] Silvera, I., 2016. UK MPs will see basic salary hit £75,000 with public sector pay cap busting increase. International Business Times. Available from: http://www.ibtimes.co.uk/uk-mps-will-see-basic-salary-hit-75000-public-sector-pay-cap-busting-increase-1546302 [Accessed: 27th March 2016]

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This entry was posted on April 16, 2016 by in National Politics and tagged .
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