Latest Public Sector News

16.11.11

Unemployment continues to rise

Unemployment in the UK has risen to 2.62 million, the highest total since 1994, according to official statistics.

There were 1.02 million unemployed 16-24 year olds between July and September – an unemployment rate for that age group of 21.0%, more than double the national rate of 8.3%.

Ian Brinkley, director of The Work Foundation, said: “These are dreadful figures. The overall fall in employment of nearly 200,000 in a single quarter takes us back to the worst days of the recession. Employee jobs have fallen by over 300,000, offset by a rise of around 100,000 in self-employment.

“With little prospect of a revival of economic growth in the face of contracting domestic demand and a Europe-wide economic slowdown, further job losses and even higher unemployment in 2012 are unavoidable.

“As ever, it is the young who are feeling the worst effects as firms stop hiring,” he said, as the under-25s account for more than half of the fall in employment.

Brinkley continued: “These figures will only improve when investors, businesses, and consumers feel confident that an economic recovery is on the way. The Autumn Statement due on November 29 must set out a credible plan for growth, not just public austerity, if confidence is going to be restored.”

Tell us what you think – have your say below, or email us directly at opinion@publicsectorexecutive.com

Comments

There are no comments. Why not be the first?

Add your comment

 

related

public sector executive tv

more videos >

last word

The importance of openness after Grenfell

The importance of openness after Grenfell

Following the recent Grenfell Tower tragedy, Lord Porter, chairman of the LGA, argues that if the public are going to have faith in the safety testing process then everything must be out in the open more > more last word articles >

public sector focus

View all News

comment

Camberley inspired: investment and regeneration

11/03/2019Camberley inspired: investment and regeneration

The decline of the Great British high street has been one of the greatest c... more >
Swindon's solar-powered recycling centre saves council cash

11/03/2019Swindon's solar-powered recycling centre saves council cash

Steve Cains, head of power solutions at Public Power Solutions, the wholly-... more >

interviews

Digital innovation in the public sector: The future is now

17/12/2018Digital innovation in the public sector: The future is now

One of the public sector’s key technology partners has recently welco... more >

the raven's daily blog

Councils Can: LGA launches Spending Review campaign

18/03/2019Councils Can: LGA launches Spending Review campaign

Lord Porter, chairman of the Local Government Association, outlines his organisation’s campaign to make sure local government tops to government’s list for this ye... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >