Industrial Relations in the United Kingdom
| Date | 01 November 1973 |
| Published date | 01 November 1973 |
| DOI | http://doi.org/10.1111/j.1467-8543.1973.tb00880.x |
Chronicle
Industrial Relations in the United Kingdom
May-August
I973
STATISTICAL
BACKGROUND
TO
THE
INDUSTRIAL
RELATIONS
SCENE
The
Labour
Market-Great
Britain
The summer influx of students and school leavers into the labour market halted
the recent persistent decline in the number
of
unemployed, with
a
rise of over
9,000
unemployed in July. On a seasonally adjusted basis, however, unemploy-
ment continued to decline although more slowly than in previous months;
excluding school leavers and those temporarily stopped, unemployment fell
by
an average of
12,800
per month during the three months
May
to July,
compared with a monthly decline of
20,400
during the period March
to
May.
Seasonally adjusted
Unemployed
excluding
Total
unemployed Percentage school leavers
1973 1972 1973 1972
59
1
832 2.6 3.7 599 833
546 767 2.4 3.4 590 805
555 804 2.4 3.5 578 806
571
864 2.5 3.8 565 808
unemployed
(000s)
(00%
Month
1973 1972
May
July
June
August
The general tightening of the labour market was reflected in the number of
unfilled vacancies which continued
to
increase during the period under review,
though at a slower rate than that
of
the first quarter. On
a
seasonally adjusted
basis the number of vacancies increased on average by almost
17,000
per month
during the period May to
July,
compared with
a
monthly increase
of
21,500
during the previous three-month period.
Unfilled Vacancies in Great Britain for Adults-Seasonally Adjusted
(000s)
Month
1973 1972
296 135
307 139
325 141
328 147
May
July
June
August
Wages
ad
Earningo
In the first six months
of
1973,6.2
million workers received increases in their
basic weekly rate or minimum entitlements amounting to approximately
459
To continue reading
Request your trial