Unemployment rate reaches 16-year high - but falls in North-East (From The Northern Echo)
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Unemployment rate reaches 16-year high - but falls in North-East
11:40am Wednesday 15th February 2012 in News
THE UK's unemployment rate increased to a 16-year high today after another rise in the jobless total.
However in the North-East, unemployment dropped by 4,000 to a rate of 11.2 per cent.
Nationally, unemployment jumped by 48,000 in the quarter to December to 2.67m, a jobless rate of 8.4 per cent, the worst figure since the end of 1995.
The number of people claiming Jobseekers Allowance rose by 6,900 in January to 1.6m, the 11th consecutive monthly increase.
The number of women claiming the allowance increased by 1,500 last month to 531,700, the highest figure since the summer of 1995.
A record number of people are working part-time because they cannot find full-time jobs - up by 83,000 over the latest quarter to 1.35m.
Employment increased by 60,000 to 29m, mainly due to a rise of 90,000 in the number of part-time employees to 6.6m.
Other data from the Office for National Statistics showed a 22,000 increase in youth unemployment to 1.04m, which includes 307,000 in full-time education who were looking for work.
The 48,000 increase in unemployment was the smallest quarterly rise since last summer.
Economic inactivity, which includes students, long-term sick, people who have retired early or those who have given up looking for work, fell by 78,000 to 9.29m, 23 per cent of the working age population.
Average pay increased by two per cent in the year to December, unchanged from the previous month, although in the public sector it fell by 0.2 per cent to 1.7 per cent, the lowest figure since records began in 2001.
There were 1.39m days lost through industrial disputes in the year to last December, the highest figure since 2002.
Around 164,000 workers were made redundant or took voluntary redundancy in the final quarter of last year, up by 17,000 from the three months to September.
The number of job vacancies increased by 11,000 in recent months to 476,000, although this was 21,000 down on a year ago.
Comments(7)
Mooochas
says...
5:14pm Wed 15 Feb 12
Paul Krugman, Professor of Economics
and Nobel-Prize winner - "What’s happening in Britain now is just like a medieval doctor bleeding his patient, observing that the patient is getting sicker, not better, and deciding that this calls for even more bleeding."
MST75
says...
7:11pm Wed 15 Feb 12
Mooochas wrote:change the record, this current state of cut backs to balance the books is due to 13 years of clueless, reckless over spending from the loony left Blair Brown numpties.
It is long past time for the Liberal Democrats to go into opposition and declare that they have no confidence in this shambolic Cameron-Osborne government. The longer they delay, the worse it will be for Britain.
Paul Krugman, Professor of Economics
and Nobel-Prize winner - "What’s happening in Britain now is just like a medieval doctor bleeding his patient, observing that the patient is getting sicker, not better, and deciding that this calls for even more bleeding."
You just can't see it can you, and take information from another lefty lover yank lol
spragger
says...
9:52pm Wed 15 Feb 12
'However in the North-East, unemployment dropped by 4,000'
Mooochas
says...
11:09am Thu 16 Feb 12
This figure represents a rise of 48,000 during the last quarter of 2011, increasing the unemployment rate to 8.4% for the UK. This is the highest rate since 1995 - or in other words, the highest rate since the last time the Conservatives were in government.
In the North East unemployment has hit 11.2%, which represents a fall of 4000 over the quarter but a rise of 16,000 over the whole year.
How much longer before this government starts taking responsibility for it's failed policies? Nobody is buying the childish squeals of "it's the previous government's fault" any more.
Mooochas
says...
11:17am Thu 16 Feb 12
MST75 wrote:Who should we believe? A world renowned professor of economics and nobel prize winner, or a xenophobic Tory sycophant? - rhetorical question - it couldn’t be any more obvious.
Mooochas wrote: It is long past time for the Liberal Democrats to go into opposition and declare that they have no confidence in this shambolic Cameron-Osborne government. The longer they delay, the worse it will be for Britain. Paul Krugman, Professor of Economics and Nobel-Prize winner - "What’s happening in Britain now is just like a medieval doctor bleeding his patient, observing that the patient is getting sicker, not better, and deciding that this calls for even more bleeding."change the record, this current state of cut backs to balance the books is due to 13 years of clueless, reckless over spending from the loony left Blair Brown numpties. You just can't see it can you, and take information from another lefty lover yank lol
MST75
says...
4:02pm Thu 16 Feb 12
Mooochas wrote:Those that can do....those that can't teach
MST75 wrote:Who should we believe? A world renowned professor of economics and nobel prize winner, or a xenophobic Tory sycophant? - rhetorical question - it couldn’t be any more obvious.
Mooochas wrote: It is long past time for the Liberal Democrats to go into opposition and declare that they have no confidence in this shambolic Cameron-Osborne government. The longer they delay, the worse it will be for Britain. Paul Krugman, Professor of Economics and Nobel-Prize winner - "What’s happening in Britain now is just like a medieval doctor bleeding his patient, observing that the patient is getting sicker, not better, and deciding that this calls for even more bleeding."change the record, this current state of cut backs to balance the books is due to 13 years of clueless, reckless over spending from the loony left Blair Brown numpties. You just can't see it can you, and take information from another lefty lover yank lol
happyguy says...
3:15pm Wed 15 Feb 12