Self-employment stability contributes to lowest unemployment rates

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Source: IPSE

According to a report by IPSE, recent labour market statistics are showing that the number of self-employed people in the UK is broadly stable at 4.8 million.

Released by the ONS, the new figures demonstrate that the self-employed currently make up 14.8 per cent of the UK workforce. Although self-employment is down by 22,000 on the same time last year, the overall number remains very close to the last count in January: 4.78 million.

Andy Chamberlain, IPSE’s Deputy Director of Policy, commented: “There’s no doubt the extraordinary rise in self-employment over the past few years – with freelancers, for example, up 46 per cent since 2008 – is helping to keep unemployment at record lows.”

Read the full article on IPSE.

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