Wednesday, 16 February 2011

An unemployed generation

So today the figures were out on unemployment and yet again these figures dont make good reading for anyone be e you a government minister or a young person looking for a job.

UK unemployment rose by 44,000 to almost 2.5 million in the three months to the end of December, the Office for National Statistics (ONS) has said.

Youth unemployment rose to a fresh record high, with more than one in five 16 to 24-year-olds out of work after a rise of 66,000 to 965,000.

The unemployment rate is now 7.9%, with youth unemployment running at 20.5%.

The number of people claiming Jobseeker's Allowance also increased, by 2,400 last month to 1.46 million.

Prime Minister David Cameron said unemployment, particularly among the young, was "a matter of great regret".

But he stressed that it had been a problem for some time.

The number of people in part-time work because they could not find a full-time job rose by 44,000 to 1.19 million, another high since records began in 1992.

"The latest UK labour market figures provide further evidence that the jobs recovery has gone into reverse," said economist Vicky Redwood.

Long-term unemployment also deteriorated, with 17,000 more people out of work for more than a year, to a total of 833,000.

Other data from the ONS showed that average earnings rose by 1.8% in the year to December last year, slightly down on the 2.1% growth in the year to November.

The figures also showed that unemployment fell in Scotland by 13,000, but rose in England, Wales and Northern Ireland.

I personally feel we havent felt the true brunt of this unemployment hike the later part of this year 2011 only then we will start to see the true results of this governments terrible attack on working people in this country.

It would be interesting to compare the figures of jobs lost in the public sector compared to bankers loosing their jobs.

Argueably or should i say for sure bankers have done a worse job in brigning the country almost to its knees yet you dont see any banker loosing his or her job about that. Maybe this is waht David Cameron meant when he said he wanted to readdress the balance in society. Completely tip the balance in a unfair advantage to those at the top compared to those at the bottom. Why dont we believe him and his tory cronies i wonder. Oh it wouldnt happen to be the fact all this has happened before. Shrinking of the state is one thing but the state works hand in hand with the private sector often sharing jobs and contracts. So expect the jobless numbers to rocket in the next few years as this tory lead government offers no real alternative for growth.

What worries me most and the title of this post suggests this is that we will have young people growing up today not being able to attend a university due to ridiculously high tuitian fees and very few job prospects around. So we may be seeing a jobless unemployed generation growing up today. That for me is very sad indeed.

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