Unemployment increases by 28,000

Graham_Devon

Mostly made up by youth unemployment again unfortunately.

Unemployment now up to 8.4%.

Youth unemployment up to 22.5%.

New jobseekers claimants rose by 7,200 to 1.61 million.

CRASH_BANG_WALLOP

number of dudes uemployed rises again! :mad: any mug on this forum who tells you we are over the worst is wired to another planet. the facts speak for themselves.for months certain dudes on here were bleating on that the private sector would mop up the job losses pah! it is not happening

Graham_Devon

Couple more figures out too.

Pay increases have dropped from 1.9% in December, to 1.4% in January, surprising analysts.

Public sector employment fell 37,000. 270,000 YOY.

Private sector employment has increaed 45,000 in the three final months of 2011.

Rinoa

Smallest increase for nearly a year.

The rate of increase always slows before it starts to reverse.

Generali

Graham_Devon wrote: »

Couple more figures out too.

Pay increases have dropped from 1.9% in December, to 1.4% in January, surprising analysts.

Public sector employment fell 37,000. 270,000 YOY.

Private sector employment has increaed 45,000 in the three final months of 2011.

To complete the figures, private sector employment was up 226,000 YOY. The private sector is taking up the slack from the Government as an employer but is unable to deal with the increasing workforce too.

TBH this isn't terrible news as the changes are within margins of error so things are basically flat on the year as employment figures are only accurate to about 100,000.

GordonIsA

Rejoice!!!!!!

kabayiri

Generali wrote: »

To complete the figures, private sector employment was up 226,000 YOY. The private sector is taking up the slack from the Government as an employer but is unable to deal with the increasing workforce too.
...

Ahh, the elephant in the room! An increasing workforce which can not be controlled by Government. An extra million people every 4 years or so.

We need to be creating 20K jobs surplus every month to stand still. That's a tough ask right now.

shortchanged_2

Graham_Devon wrote: »

Pay increases have dropped from 1.9% in December, to 1.4% in January, surprising analysts.

Why this is a surprise to analysts I don't know. During a time of recession with job losses rife and many people applying for each position why are people going to demand, let alone get a large pay increase when most of them are happy to be in a job at all.

Wookster

Youth unemployment is a real problem and again proves what a failure the education system is in the UK.

Time for a major overhaul.

Graham_Devon

And more figures again.

Once again, it's part time jobs which are contributing to the employed figures.

Part time employment rose 59,000 to 6.6m and fuill time employment fell 50,000.

The number in part time work because they could not find a full time job increased by 110,000. It's highest level since records began.

"The new jobs being created are mainly part-time. These jobs are not paying enough to replace the full-time earnings that people need,"

kabayiri

Wookster wrote: »

Youth unemployment is a real problem and again proves what a failure the education system is in the UK.

Time for a major overhaul.

You don't need major.

Pay the science and technology and maths teachers more than the geography, arts and creative dance teachers.

When the students see 'Miss Jones - Science head' turn up in her new Audi they will want to be like her.

Graduates in Mime Studies are not going to pull us out of this.

On the Politics show the Con MP made a comparison. 50% of Chinese grads are science/maths, compared to less than a 1/3 here. Applications for patents are up 1000% over there.