Friday, September 16, 2011

Unemployment rises above 2.5m milestone

9:32 AM | Posted by Free Game Zone | Edit Post





.Youth unemployment increases to 972,000

The unemployment rate using the internationally agreed yardstick for calculating joblessness rose to 7.9% for May to July, from 7.7% in February to April.

"Most worrying are the signs of a second wave of rising young unemployment - with the number of 18-24-year-olds out of work now higher than at any point during the recession - making the government's decision to slash the support to young people through Educational Maintenance Allowances and the Future Jobs Fund look even more short-sighted and cruel," Barber added.



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