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Analysis of Employment Data - Report Example

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The paper "Analysis of Employment Data" presents and analyses the employment data through different periods. The first part shows the evolution of the variables displayed on Fig. 1 Employment by Sector in the UK, 1946-86’ for the period of 1987 to 2008…
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Analysis of Employment Data
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Download file to see previous pages The Figure 1.1 provides information on the changes in the manufacturing industry from the previous year. From 1990 to 1994 there has been a considerable decline in the employment rate of the manufacturing sector. This rate changed from 1994 when there was an increase in the growth of jobs in the manufacturing sector. However the
This is clear from Figure 1.2 that manufacturing job has declined from 4870 thousand in 1987 to 2867 thousand in the year by 2008. There has been a cyclic movement of the incline and decline of jobs in the manufacturing sector. In 1994 the employment in the manufacturing sector was 4074 thousand that increased steadily till 1998 when it reached to 4295 thousand jobs and then it has started declining.
Figure 1.3 (public sector employment) shows the change in the output of the UK manufacturing industry since 1999. It is indexed relative to the output in 2005. This means that the output in 2005 was given the value 5900. The output in 2005 was given the value 5250. It means this graph shows a year –on – year growth 1999 to 2005. After the year 2005, there was slowdown for three consecutive years (2006 to 2008) and finally a rapid spurt. The output sharp rise during the years 2008 to 2009. In total there are now more than 6 million people employed in the public sector compared to about 5.2 million. It means a 16 percent output increase in ten years previously.
Figure 1.4 shows the details of the actual annual changes in employment that have taken place in the public sector over the past 10 years. It shows that growth was fairly consistent on an annual basis from 2000 to 2005. It means approximately 100,000 employment increased in the public sector per year. Before a period of slight decline mainly due to a contraction in employment in central government before a sharp rise in employment from 2008 to 2009. It means approximately 293,000 employees worked in the public sector as a result of the large-scale reclassification. The most common reason for the increase in productivity is the removal of banks from estimated public sector employment.  ...Download file to see next pages Read More
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