UK unemployment has risen back over the 2.5 million mark, fanning fears that Britain is suffering a “jobless recovery”.

Graeme Wearden and Polly Curtis at guardian.co.uk

EXCERPTS:

The number of people out of work in Britain rose by 35,000 in the three months to October, pushing the unemployment total up to 2,502,000. This raised the UK’s unemployment rate to 7.9% (from 7.8% in the previous quarter), the highest rate in six months.

The government has predicted 330,000 jobs will be lost in the public sector over the next four years, but insists that this will be compensated by a rise in private-sector jobs. Today’s data, though, showed that private-sector employment has flat-lined, raising concerns for ministers.

FULL ARTICLE

Help Make A Difference By Sharing These Articles On Facebook, Twitter And Elsewhere:

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Interested In Further Reading? Click Here