
Misery on the rise, while demand for jobs is falling
The latest news on jobs highlights the weak state of the labour market and does not paint the picture of an economy just about to return to confidence.

The latest news on jobs highlights the weak state of the labour market and does not paint the picture of an economy just about to return to confidence.

Ed Turner, lecturer in politics at the Aston Centre for Europe, and deputy leader of Oxford City Council, looks at the impact of the changes to planning announced in yesterday’s budget.

Today’s figures show that while the recession technically ended over a year ago the period November-January 2011 saw unemployment hit its highest level since October 1994 – 2,529,000 people.

An army of soon to be unemployed northern graduates may end up heading for the south east to find work, given the impending loss of public sector jobs.

We can expect the chorus of business leaders calling for a change of direction to grow ever louder as we head towards next month’s budget, writes Kevin Meagher.

The proportion of university leavers out of work has nearly doubled since before the recession, an increase from 10.6 per cent to 18.5 per cent.

New Shadow Chancellor Ed Balls tonight pledged to put employment and growth at the heart of Labour’s alternative plan for the economy, reports Shamik Das.

Today’s labour market statistics are simply bad news, though the monthly unemployment data are slightly more promising – but overall, levels remain high.

Clive Efford, Labour MP for Eltham, looks at the impact of Boris Johnson’s massive fare rises on London.

The unemployment rate rose from 7.7 to 7.9 per cent, the highest since March, while the employment figures are equally grotty, down 64,000 from last month.