Report: UK Unemployment To Rise Over Summer
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Report: UK Unemployment To Rise Over Summer
http://uk.news.yahoo.com/uk-unemployment-set-rise-over-summer-234517065.html
Unemployment is set to rise further this year and will remain high for the next 18 months, according to a new study.
The Institute for Public Policy Research (IPPR) said an extra 100,000 people will be without a job before the end of the summer.
IPPR analysis said that as a result of economic difficulties, unemployment will not fall for an estimated 18 months.
It said the North West, London, Yorkshire and the Humber region and the East of England will see the highest increases in joblessness.
However, the jobless total is predicted to fall in the West Midlands, Northern Ireland and the South West.
The IPPR expected 50,000 more men and a similar number of women will become unemployed this year as public sector jobs continue to be cut .
It estimates more than 40,000 of those becoming jobless will be under the age of 25.
IPPR senior research fellow Kayte Lawton said: "The personal tragedy of the slow economic recovery is the way unemployment will continue to rise over the next year, even once the economy begins to grow.
"This has been the longest recession and the slowest recovery that Britain has ever experienced.
"The risk is that high unemployment becomes a permanent feature of the UK economy, as it did in the 1980s."
Ms Lawton added: "Even within the context of the Government's deficit reduction plan, it is short-sighted not to do more to get people back into jobs."
The think tank's warning comes with unemployment standing at 2.67 million, or 8.4% of the working population, which is the highest level since 1995.
More than one million 16 to 24-year-olds are already out of work, with new figures later this month expected to show another rise.
A Department for Work and Pensions spokesman said: "There have been some encouraging signs that the labour market is stabilising, but there is clearly still a big challenge ahead to bring down unemployment.
"The international economic outlook remains difficult, but we will do everything we can to help the unemployed find jobs."
..
Unemployment is set to rise further this year and will remain high for the next 18 months, according to a new study.
The Institute for Public Policy Research (IPPR) said an extra 100,000 people will be without a job before the end of the summer.
IPPR analysis said that as a result of economic difficulties, unemployment will not fall for an estimated 18 months.
It said the North West, London, Yorkshire and the Humber region and the East of England will see the highest increases in joblessness.
However, the jobless total is predicted to fall in the West Midlands, Northern Ireland and the South West.
The IPPR expected 50,000 more men and a similar number of women will become unemployed this year as public sector jobs continue to be cut .
It estimates more than 40,000 of those becoming jobless will be under the age of 25.
IPPR senior research fellow Kayte Lawton said: "The personal tragedy of the slow economic recovery is the way unemployment will continue to rise over the next year, even once the economy begins to grow.
"This has been the longest recession and the slowest recovery that Britain has ever experienced.
"The risk is that high unemployment becomes a permanent feature of the UK economy, as it did in the 1980s."
Ms Lawton added: "Even within the context of the Government's deficit reduction plan, it is short-sighted not to do more to get people back into jobs."
The think tank's warning comes with unemployment standing at 2.67 million, or 8.4% of the working population, which is the highest level since 1995.
More than one million 16 to 24-year-olds are already out of work, with new figures later this month expected to show another rise.
A Department for Work and Pensions spokesman said: "There have been some encouraging signs that the labour market is stabilising, but there is clearly still a big challenge ahead to bring down unemployment.
"The international economic outlook remains difficult, but we will do everything we can to help the unemployed find jobs."
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mara thon- Platinum Poster
- Number of posts : 7076
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Registration date : 2009-08-21
Re: Report: UK Unemployment To Rise Over Summer
THIS IS ALSO MENTIONED ON PREVIOUS THREAD,
SORRY TO WHATEVER
SORRY TO WHATEVER
Badboy- Platinum Poster
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Number of posts : 8857
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Registration date : 2009-08-31
Re: Report: UK Unemployment To Rise Over Summer
Wouldn't it be nice if we had a government that would put a halt to immigration and demanded that all jobs should be given to British workers in preference to cheap foreign labour.
malena stool- Platinum Poster
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Number of posts : 13924
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Registration date : 2009-10-04
Re: Report: UK Unemployment To Rise Over Summer
ISN'T THAT WHAT WHAT THEY ARE SAYING IN FRANCE,NAMELY GIVE THE JOBS TO LOCALS NOT IMMIGRANTS
Last edited by Badboy on Thu 12 Apr - 23:33; edited 1 time in total (Reason for editing : MADE CLEARER)
Badboy- Platinum Poster
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Re: Report: UK Unemployment To Rise Over Summer
malena stool wrote:Wouldn't it be nice if we had a government that would put a halt to immigration and demanded that all jobs should be given to British workers in preference to cheap foreign labour.
It certainly would. They really don't seem to have a handle on the situation. If so many people will be unemployed, where is the money coming from to pay them the unemployment money? A rise in taxes on people already taxed to the hilt?
Keela- Platinum Poster
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