Economy UK productivity flash estimate: Oct to Dec 2016 Output per hour – our main measure of labour productivity – grew by 0.3% in Quarter 4 (Oct to Dec) 2016. This is marginally slower than the 0.4% growth rate experienced in Quarter 3 (July to Sept) 2016, as presented in Figure 1. The weakening of productivity growth in Quarter 4 is the result of slightly slower gross domestic product (GDP) growth, using the preliminary GDP estimate, combined with a small increase in average weekly hours worked and somewhat stronger employment, using the latest Labour Force Survey data. Employment and labour market Labour market economic commentary: Feb 2017 ONS economists publish labour market commentary for the first time. Explore additional economic analysis of the latest labour market headline statistics and long-term trends. The number of people in employment in the UK continued to grow in the 3 months ending December 2016, but the increase is smaller than the recent past. The unemployment rate remains at its lowest in more than a decade. The number of vacancies has remained steady since early 2015, suggesting stable labour demand. UK labour market statistics: Feb 2017 Estimates from the Labour Force Survey show that, between July to September 2016 and October to December 2016, the number of people in work increased, the number of unemployed people was little changed, and the number of people aged from 16 to 64 not working and not seeking or available to work (economically inactive) decreased. There were 31.84 million people in work, 37,000 more than for July to September 2016 and 302,000 more than for a year earlier. Regional labour market statistics in the UK: Feb 2017 For the 3 months ending December 2016, the highest employment rate in the UK was in the South East (78.6%) and the lowest was in Northern Ireland (70.0%). The employment rate estimates for those aged 16 to 64 for October to December 2016 compared with July to September 2016, showed few large increases or decreases for the regions and countries of the UK. | 
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