Unemployment reaches 6.1 per cent
Unemployment reaches 6.1 per cent
Wednesday 21st January 2009
Unemployment has hit 6.1 per cent after rising by 131,000 to 1.92 million between September and November, according to Office of National Statistics (ONS) figures released today.The news follows further indicators of the depth of the UK's economic despair, with the Council of Mortgage Lenders (CML) indicating mortgage lending went down 30 per cent in 2008.
The ONS report showed job vacancies dwindling and an increase in people of working age without employment.
There are signs that jobs are being translated into part time work, with a fall in full-time employment of 89,000 over the quarter compared to an increase of 63,000 in part-time employment.
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