UK unemployment hits 17-year high
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UK unemployment has risen by 114,000 between June and August to reach a 17-year high, according to figures from the Office for National Statistics.
The ONS figures show that unemployment hit 2.57m, with the unemployment level for 16-24 year olds hitting a high of 991,000 for the quarter. The ONS says the unemployment rate increased by 8.1 per cent.
The number of people out of work and claiming benefits also rose by 17,500 to hit 1.6m in September.
The figures also showed a 175,000 cut in the number of part time workers and a 74,000 reduction in the number of over 65s in employment.
MBA and Co. director of recruitment services Daniel Callaghan says: “”These figures will make extremely grim reading for the UK’s jobseekers, as well as those facing the threat of redundancy.
“The public sector continues to make cuts, and the private simply cannot accommodate these. Instead, a significant number of UK companies are concentrating on keeping their businesses afloat.”
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Readers' comments (2)
Jack Ewins | 12 Oct 2011 2:04 pm
This is not surprising. The position will deteriorate further when all the further local government workers start to lose their jobs.
At the end of November we will have the largest number of strikers over 2 million are forecast , this eclipse's the general Strike of 1926.
The country has very little industrial production.
We need to exit Europe. Being constantly told that the City of London still has the best financial experts. The answer then is to place the UK as a tax free haven for the rest of the world and place a low witholding tax on the billions we wll hold for the emerging and dominant economies of China , India and other far Eastern countries.
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Thadeel | 12 Oct 2011 6:52 pm
These unemployment figures released tody are very dissapointing. I myself am applying for jobs but no one contacts me for an interview. We really need jobs created for everyone.
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