nick venedi

Monday 5 March 2012

Rise in unemployment figures

Labour market figures published last month showing another rise in unemployment and youth and female unemployment at record levels were evidence that Britain was 'in the midst of a full blown jobs crisis', the TUC said. Unemployment rose by the equivalent of 1,300 a day towards the end of 2011.

Noting that the figures were even worse than the bleakest economic forecasts, the TUC said there was now a danger that mass joblessness would become a long term scar on Britain. The news for those in work was not good either, with pay growth falling, and more people having to move into part-time and insecure self-employment.

In the run up to the publication of the figures, the TUC warned that public sector job losses were adding to the gloomy economic outlook, with additional job cuts in local government, education, the NHS and the civil service announced in the Autumn Statement having a 'devastating' impact on regional labour markets.

TUC on jobs figures @

http://www.tuc.org.uk/economy/tuc-20491-f0.cfm

No comments:

Post a Comment