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

Posted by Nigel Tree | Leave a comment

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

Posted by Nigel Tree | Leave a comment

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

Posted by Nigel Tree | Leave a comment

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

Posted by Nigel Tree | Leave a comment

Mixed messages on unemployment

The unemployment rate for the three months to April 2010 was 7.9% which was an increase of 0.1%. There was an increase in the number unemployed of 23,000 to give a total of 2.47 million out of work. This is a bleak figure which looks set to become even bleaker. Particularly so, given the fact that there are 5.2 unemployed … Continue reading

Posted by Nigel Tree | Leave a comment

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

Posted by Nigel Tree | Leave a comment

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

Posted by Nigel Tree | Leave a comment

UK unemployment has now reached 2.43 million

The number of unemployed people increased by 220,000 in the March to May quarter to reach 2.43m. This was up by 750,000 on the same three months last year. This is according to figures from the Labour Force Survey (LFS), which uses the International Labour Organisation’s (ILO) approved method of counting unemployment.   This shows that the unemployment rate on … Continue reading

Posted by Nigel Tree | Leave a comment

Mixed news on unemployment

In the UK, although 10% more employers were planning to reduce staff rather than recruit in the second quarter of this year, this is better than the 19% balance shown in the previous quarter.   This is according to The Chartered Institute of Personnel and Development/KPMG labour market outlook. What is pretty remarkable is that it is the private sector … Continue reading

Posted by Nigel Tree | Leave a comment

UK Unemployment: Largest quarterly increase since 1971

In the three months to May 2009 the number of unemployed people increased by 281,000 over the quarter and by 753,000 over the year, to reach 2.38 million. According to the Office for National Statistics which published these figures this morning, this is the largest quarterly increase in the number of unemployed people since comparable records began in 1971.   … Continue reading

Posted by Nigel Tree | Leave a comment