The UK employment boom is continuing, according to the latest labour market statistics.
The number of people in work rose by 179,000 between December 2018 and February 2019 and is now at a record high of 32.7 million, according to data published by the Office for National Statistics (ONS). It means the number of people in work has increased by 457,000 over the past year.
HR body the CIPD has highlighted the fact that more than 70% of this net annual increase in jobs has gone to people aged 50 and over. In addition, a relatively large proportion of women aged 25-34 account for the sharp increase in employment over the past year.
“It’s not entirely clear why certain groups have benefited from the extraordinary strong employment growth over the past year. Changing demographics is undoubtedly a factor, but another possibility is that employers are being forced to widen their recruitment channels and make work more accessible in response to the tightening labour market,” said Gerwyn Davies, senior labour market analyst for the CIPD.