Secretarial Jobs Board

Unemployment on the rise

15/10/2008

Unemployment has risen to 1.79 million according to official statistics.

Jobless totals have reached their highest since 1999 and during the quarter year to August the unemployment rate jumped to 5.7 per cent.

"The number of unemployed people, the unemployment rate and the claimant count have all increased," the Office for National Statistics revealed.

Gordon Brown has pledged to try and remedy the problem: "We will do everything we can to help create jobs and help people maintain jobs in the British economy," he said.

Howard Archer, chief economist at Global Insight explained that the increase shows the jobs market was being hit "by the deepening economic downturn and deteriorating business confidence".

In the three months to August 147,000 people lost their jobs, 28,000 more than in the previous quarter.

Union representatives were understandably worried: "This is extremely bad news, and these figures do not even show the effects of the bank crash," observed TUC general secretary Brendan Barber.

ADNFCR-1196-ID-18828039-ADNFCR


< Back to News Listing