Bargaining statistics

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    Bargaining statistics: January 2007

     

    Measure

    Date

    Latest

    Year ago

    Inflation

    All-items RPI

    % change over 12 months

    Jan '07

    4.2%

    2.4%

    Underlying RPI

    % change over 12 months

    Jan '07

    3.5%

    2.3%

    CPI (formerly HICP)

    % change over 12 months

    Jan '07

    2.7%

    1.9%

    Basic pay settlements

    EEF engineering

    Average settlement over three months

    Jan '07

    2.9%

    2.6%

    IRS whole economy

    Median award over three months

    Jan '07

    3.5%

    3.0%

    IRS private sector

    Median award over three months

    Jan '07

    3.5%

    3.0%

    IRS manufacturing

    Median award over three months

    Jan '07

    3.5%

    3.0%

    IRS services

    Median award over three months

    Jan '07

    3.4%

    3.0%

    LRD whole economy

    Median settlement over three months

    Jan '07

    3.5%

    3.0%

    LRD private sector

    Median settlement over three months

    Jan '07

    3.8%

    3.0%

    Average earnings (headline rate - three-month average)

    Whole economy

    % change over 12 months

    Dec '06

    4.0%

    3.6%

    Private sector

    % change over 12 months

    Dec '06

    4.1%

    3.4%

    Public sector

    % change over 12 months

    Dec '06

    3.2%

    4.4%

    Services

    % change over 12 months

    Dec '06

    4.2%

    3.4%

    Manufacturing

    % change over 12 months

    Dec '06

    4.5%

    4.4%

    Gross earnings (not seasonally adjusted, UK)

    Full-time males

    LFS median gross weekly earnings

    Q4 '06

    £450

    £435

    Full-time females

    LFS median gross weekly earnings

    Q4 '06

    £346

    £337

    Labour costs/productivity

    Manufacturing unit wage costs

    % change over 12 months

    Dec '06

    -0.2%

    3.1%

    Manufacturing productivity

    % change over 12 months

    Dec '06

    4.8%

    1.3%

    Whole-economy unit wage costs

    % change over 12 months

    Q3 2006

    1.9%

    2.7%

    Whole-economy productivity

    % change over 12 months

    Q3 2006

    2.3%

    0.7%

    Unemployment

    ILO definition, seasonally adjusted (UK)
    - rate

    Thousands (actively seeking work) over three months

    Dec '06

    1,687

    1,554

    % of workforce over three months

    Dec '06

    5.5%

    5.1%

    Claimant count, seasonally adjusted (UK)
    - rate

    Thousands (claiming unemployment-related benefit)

    Jan '07

    925.8

    905.1

    % of workforce

    Jan '07

    2.9%

    2.9%

    Labour disputes

    Working days lost through stoppages of work

    Monthly count, UK

    Dec '06

    9,000

    15,000