YOUTH UNEMPLOYMENT HITS RECORD HIGH

The youth unemployment rate has reached a record high of almost 20% as the jobless total continued to increase, although at a slower pace.

The number of people out of work increased by 30,000 between July and September to just under two and a half million.

Other figures showed that the number on jobseeker's allowance rose by 12,900 in October to 1.64 million, the 20th consecutive monthly increase, giving the worst total for 12 years, said the Office for National Statistics.

The number of people classed as economically inactive, including those on long-term sick leave, looking after a relative or who have given up looking for work, reached a record high of eight million after a 41,000 increase over the latest quarter.

The inactivity rate is now over 21% of the working age population and the total is the highest since records began in 1971.

Youth unemployment also continued to rise, with the number of 16 to 24-year-olds up by 15,000 to 943,000, giving a rate of 19.8%, a record high. The number of 18 to 24-year-olds out of work rose by 24,000 over the three months to 746,000, a rate of 18%, the highest since 1992.

There was a small increase of 6,000 in the number of people in work to almost 29 million, the first quarterly rise since the summer of last year. Full-time employment fell by 80,000 to 21 million, while part-time employment increased by 86,000 to a record high of 7.6 million. The quarterly rise in unemployment was the smallest since spring last year.

Work and Pensions Secretary Yvette Cooper said: "The fact that unemployment is significantly lower than everyone forecast at the beginning of the year shows the support for the economy is making a real difference." continues here

Editors comment : Shall I say it, “CLOSE THE GATES”, with eight million economically inactive why bring in more, already those in work subsidise endless newcomers, are we not taxed enough, have you not committed enough damage, our young unable to find decent employment and many of all ages in work, merely subsisting, you make us work longer but for whom, certainly not to benefit ourselves, or have you politicians expenses to meet. When will you listen to the people, when will you close the borders and give our children a future…

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