The Upcoming
  • Cinema & Tv
    • Movie reviews
    • Film festivals
      • Berlin
      • Tribeca
      • Sundance London
      • Cannes
      • Locarno
      • Venice
      • London
      • Toronto
    • Show reviews
  • Music
    • Live music
  • Food & Drinks
    • News & Features
    • Restaurant & bar reviews
    • Interviews & Recipes
  • Theatre
  • Art
  • Travel & Lifestyle
  • Literature
  • Fashion & Beauty
    • Accessories
    • Beauty
    • News & Features
    • Shopping & Trends
    • Tips & How-tos
    • Fashion weeks
      • London Fashion Week
      • London Fashion Week Men’s
      • New York Fashion Week
      • Milan Fashion Week
      • Paris Fashion Week
      • Haute Couture
  • Join us
    • Editorial unit
    • Our writers
    • Join the team
    • Join the mailing list
    • Support us
    • Contact us
  • Competitions
  • Facebook

  • Twitter

  • Instagram

  • YouTube

  • RSS

Current affairsNews

UK unemployment figures rise to new heights

UK unemployment figures rise to new heights
18 January 2012
Leke Sanusi
Avatar
Leke Sanusi
18 January 2012

With last month’s Christmas cheer all but gone and the sheen of the new year rapidly fading, thousands of jobseekers across the country have been winded and knocked back by the news that UK unemployment has reached a 17-year high, as the number of jobless Britons rose to 2.68million.

The announcement indicates the figures rose in the three months to November. This puts the UK jobless rate at 8.4%. Thousand of jobseekers hopeful of employment face increasing difficulties when searching for work. Added competition and reduced opportunities have exacerbated conditions, particularly for young job hunters. Statistics show the number of out of work 16 to 24 year olds has increased by 52,000 to 1.04million.

Although figures stress the number of people in full-time employment fell by 57,000; the announcement also highlights a 75,000 rise in part-time workers, with many opting for part-time employment due to the dearth of full-time job opportunities. Reports also emphasise the increase in the number of self-employed people, reiterating the growth of new business owners resorting to creating their own ventures due to the lack of alternatives and options.

Figures released next week are expected to reveal whether the economy expanded in the final three months of 2011. Analysts are said to be expecting a negative figure, casting an even gloomier pall depression over the prospects of job hunters.

Leke Sanusi

Related Items

More in Current Affairs

Women of Ireland have rolled over for long enough: The 8th and the long walk to abortion rights

Emma Kiely
Read More

Changes to expect during menopause

The editorial unit
Read More

Why Equity Linked Savings Schemes is a preferred tax saving?

The editorial unit
Read More

How the world’s top designers would rebrand political parties

The editorial unit
Read More

Royal baby furore: Proof that the British monarchy is still popular?

Eoin O’Sullivan-Harris
Read More

World Mental Health Day 2018: Raising awareness and combating stigma

The editorial unit
Read More

Seven political personalities you should know about

The editorial unit
Read More

Donald Trump: An enemy of the arts?

The editorial unit
Read More

Trump’s fortune: Where did the money come from?

The editorial unit
Read More
Scroll for more
Tap
  • Popular

  • Latest

  • TOP PICKS

  • Albert Adrià reopens Enigma on 7 June as a “fun-dining” restaurant and cocktail bar
    Food & Drinks
  • The Road Dance
    ★★★★★
    Movie review
  • Paolo Nutini at the 100 Club
    ★★★★★
    Live music
  • Crimes of the Future: Three new clips from David Cronenberg’s dystopian body horror film
    Cannes
  • When You Finish Saving the World
    ★★★★★
    Cannes
  • Marcel!
    ★★★★★
    Cannes
  • More than Ever (Plus que Jamais)
    ★★★★★
    Cannes
  • Plan 75
    ★★★★★
    Cannes
  • Enys Men
    ★★★★★
    Cannes
  • The Stranger
    ★★★★★
    Cannes
  • More than Ever (Plus que Jamais)
    ★★★★★
    Cannes
  • Plan 75
    ★★★★★
    Cannes
  • Dirty Dancing the Movie in concert at Apollo Theatre
    ★★★★★
    Theatre
  • Feminine Power: The Divine to the Demonic at the British Museum
    ★★★★★
    Art
  • Eo (Hi-Han)
    ★★★★★
    Cannes
The Upcoming
Pages
  • Contact us
  • Join mailing list
  • Join us
  • Our London food map
  • Our writers
  • Support us
  • What, when, why
With the support from:
International driving license

Copyright © 2011-2020 FL Media

Wikipedia shuts down in 24-hour protest
News International starts to compensate phone hacking victims