Unemployment rises to 2.62m
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The number of unemployed people has risen by 129,000 in the three months to September to reach 2.62m, according to the Office for National Statistics.
The unemployment rate was 8.3 per cent of the economically active population, up 0.4 on the quarter, the unemployment rate is the highest since 1996 and the number of unemployed people is the highest since 1994. The employment rate for those aged from 16 to 64 was 70.2 per cent, down 0.4 on the quarter.
The inactivity rate for those aged from 16 to 64 was 23.3 per cent, up 0.1 on the quarter. There were 9.36 million economically inactive people aged from 16 to 64, up 64,000 on the quarter.
The jobless total for 16 to 24-year-olds hit a record high of 1.02 million in the quarter.
The number of people out of work and claiming benefits rose 5,300 to 1.6 million in October.
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