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In Q3 2016, there were 28.39 million UK nationals aged 16 and over employed in the UK, up 213,000 on a year ago. 74.9% of all UK nationals aged 16–64 were in employment. The number of non-UK nationals working in the UK has also increased in the past year by 241,000 to 3.49 million. 72.8% of non-UK nationals aged 16–64 living in the UK were ...
Unemployment was the dominant issue of British society during the interwar years. [1] Unemployment levels rarely dipped below 1,000,000 and reached a peak of more than 3,000,000 in 1933, a figure which represented more than 20% of the working population. The unemployment rate was even higher in areas including South Wales and Liverpool. [1]
The Unemployment Act 1934 (24 & 25 Geo. 5. c. 29) was an Act of Parliament in the United Kingdom, reaching statute on 28 June 1934. It reduced the age at which a person entered the National Insurance scheme to 14 and made the claiming age 16 years. [1] It also separated benefits earned by paying National Insurance and those purely based on need ...
Although the US agreed to cancel $20 million in Lend Lease debt, the UK was forced to obtain a $3.75 billion loan from the United States at 2% interest in December 1945. [218] The US/UK trade imbalance was perilously high, forcing the extension of rationing to lessen the imbalance and preserve precious US dollars for the servicing of loan ...
By 1913, 2.3 million were insured under the scheme for unemployment benefit and almost 15 million insured for sickness benefit. [12] A key assumption of the Act was an unemployment rate of 4.6%. At the time the Act was passed, unemployment was at 3% and the fund was expected to quickly build a surplus.
Hunger marches to London had previously taken place in 1922–23, 1929 [2] and 1930, [3] and 1927 had seen a South Wales miners' march. [4] Due to the Great Depression and mass unemployment, throughout 1932 there was a profound atmosphere of unrest across Britain with "high tension across the country", "running battles between police and demonstrators" and "violent clashes ... between the ...
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"The origins of unemployment insurance in Britain: A cross-class alliance approach." Social Science History 29.1 (2005): 107–136. online; Henriques, Ursula R. Q. Before the welfare state: social administration in early industrial Britain (Longman, 1979). Hill, Michael J. The welfare state in Britain: a political history since 1945 (1993) online