Unemployment rises but could be flattening out

The headline figure shows that UK unemployment rose by 28,000 to 2.67 million in the three months to January, according to figures released today by the Office for National Statistics. This meant that the unemployment rate rose to 8.4% from 8.3% on the quarter, and this is the highest it has been since 1995. On the other hand there were … Continue reading

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Sharp rise in UK unemployment

Recovery, what recovery? Unemployment rose by 80,000 to 2.51 million in the three months to July, according to figures released this morning by the Office for National Statistics. This means that the jobless rate now stands at 7.9%. The so-called Claimant Count – those claiming Jobseeker’s Allowance, rose by 20,300 in August to reach 1.58 million. There was also a … Continue reading

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Slump in UK retail sales

There was a surprising fall of 1.4% in retail sales in May. There had been a rise of 1.1% in April, but the Office for National Statistics put that down to a combination of the royal wedding and the number of Bank holidays added to the fine weather. But, the fall during May was the steepest since January 2010, and … Continue reading

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Fall in UK unemployment

Unemployment, measured by the Labour Force survey, fell by 36,000 in the three months to March 2011, to reach 2.46m. This is according to official statistics just released by the Office for National Statistics. This means that the unemployment rate was down 0.1 percentage point on the quarter, to reach 7.7%. The number of men unemployed fell by 31,000 to … Continue reading

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Small drop in UK unemployment

The number of people out of work fell by 17,000 to 2.48m in the three months to February according to the Labour Force Survey measurement. The Office of National Statistics also noted that this represented a fall of 0.1 percentage point in the unemployment rate, to reach 7.8%. However, the alternative measure of unemployment, the jobseeker’s allowance or claimant count, … Continue reading

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UK unemployment rises to 2.53 million

In the three months to January 2011, unemployment reached 2.53 million, which is the highest figure since 1994, according to figures from the ONS. This means that the unemployment rate has reached 8%, up 0.1% from the previous three-monthly period, as an additional 27,000 people lost their jobs. However, by contrast, the numbers claiming Jobseeker’s Allowance (the claimant count) actually … Continue reading

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Unemployment reaches 2.5 million

The latest unemployment figures take a bit of unravelling. The headline figure for the three months to February, using the Labour Force Survey measure, was up by 43,000 over the quarter to reach 2.5m. This is the highest figure since 1994. This gave an unemployment rate of 8.0% which was up 0.1% on the previous quarter. This is bad news. … Continue reading

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500,000 public sector jobs at risk

Once we’ve decided to which political party we are going to say “squeeze me I’m yours”, we are then going to be well and truly squeezed. And those in the public sector are going to be squeezed more than most. This prospect has led the Chartered Institute of Personnel and Development (CIPD) to say that more than half a million … Continue reading

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Unemployment and Employment Both Fall

The number of people unemployed between September and November 2009 fell by 7,000 to reach 2.46 million, according to the ONS this morning. Many economists had been expecting a rise in unemployment to about 2.50 million. This is the first quarterly fall in unemployment since the three months to May 2008, and gives an unemployment rate of 7.8%.   However, … Continue reading

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Fall in claimant count unemployment

There was a fall in the number of people claiming Jobseeker’s Allowance, otherwise known as the claimant count, in November according to the ONS today. In fact the number fell by 6,300 over the previous month to give a total of 1.63 million out of work. This is the first monthly fall in this measure since February 2008.   The … Continue reading

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