for work (6.2 million).
A key measure is the labour force absorption rate ( or employed people as a share of the working-age population), which has fallen from 45.8% in 2001 to 43.3% today.
The official unemployment rate has climbed from 24.6% in 2001 to 27.7%. And the “labour market participation rate” (the proportion of the working-age population that is economically active) has dropped from 60.8% in 2001 to 59.9% this year.
The worrying indicators