Record Rise In Jobless

(BBC) – UK UNEMPLOYMENT ROSE by a record 281,000 to 2.38 million in the three months to May, the Office for National Statistics has said.

The jobless rate increased to 7.6% — the highest in more than 10 years.

The number of people claiming unemployment benefit increased by 23,800 in June to 1.56 million, which was less than analysts had forecast.

Unemployment among young people has been especially acute, as firms cut jobs to reduce costs in the downturn.

Young people (those up to 24 years old) have been particularly hard hit with unemployment leaping to a 16-year high of 726,000.

The number of those out of work for more than a year rose by 46,000 to 528,000 — the highest for 11 years.

TUC general secretary Brendan Barber said: ‘It’s particularly worrying that over half a million unemployed people have been out of work for at least a year, including 133,000 young unemployed people.

‘With a new generation of school and college leavers soon starting to look for work, our unemployment crisis will get even bigger.’

Meanwhile, on Wednesday, a survey conducted by ComRes, on behalf of the BBC, showed two-thirds of people across the UK know someone who has lost a job in the recession. And a further four in 10 fear losing their job in the current climate.

… (20/07/2009) – One Million Forced To Work Part-Time

… (22/07/2009) – Pubs Closing At ‘Record Rate’