Wednesday, 22 April 2009

Unemployment clears 2m

Ahead of the budget then comes the latest unemployment figures with those out of work now reaching 2.1m and 177,000 added to the list between Dec and Feb.

The percentage figure is up to 6.7 per cent of the workforce although the rise in those claiming was smaller than forecast.

More worring figures were the fall in earnings which at 0.1% was the lowest level since 1991.

We are now at the highest rate of unemployment since the months befoe Labour took office in 1997.

Other headlines.

1.Long-term unemployment rose by 49,000 to 481,000 in the three months to February,

2.Unemployment among 18 to 24-year-olds was 631,000 in the latest quarter, up by 17,000

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