Today marks the first quarterly unemployment rise in four years
In terms of headcount, 1.8 million people are unemployed, still higher than ahead of the crisis
In terms of headcount, 1.8 million people are unemployed, still higher than ahead of the crisis
Unless we see a pick-up in productivity growth soon then the UK risks much slower growth, and lower living standards, in the future.
Unemployment decreased by 167,000 between September 2013 and November 2013 to 2.32 million, with the unemployment rate now at 7.4 per cent, today’s labour market statistics reveal.
Despite today's welcome news on falling unemployment, pay and productivity are stagnating.
Unemployment decreased by 99,000 between August 2013 and October 2013 to 2.39 million, with the unemployment rate now at 7.4 per cent, today’s labour market statistics reveal.
There are more jobs, but the pay is lower, your chances of being underemployed are higher, your risk of losing your job is higher, and if you do become unemployed your chances of getting a job are lower.