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Recruitment-News > Youth unemployment rise sparks concern

Youth unemployment rise sparks concern

17/02/2011
 
Overall jobless rate up to 7.9 per cent.

UK unemployment rose by 44,000 in the last three months of 2010, reaching a total of almost 2.5 million, the Office for National Statistics (ONS) revealed today.

The rise means the overall unemployment rate is now 7.9 per cent, up 0.1. While this figure was less than some were expecting, there were more worrying signs for youth unemployment, with the number of jobless 18-24 year olds going up 66,000 to 965,000 – a rate of 20.5 per cent.

Long-term unemployment also worsened, with 17,000 more people out of work for over a year – reaching a total of 833,000.

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src: peoplemanagement.co.uk



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