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Unemployment continues to climb

Unemployment continues to climb

Unemployment in the UK has risen by 48,000 to 2.67 million in the three months to December, according to the Office for National Statistics.

Carmen Watson, Managing Director of Pertemps, said, “Confidence has taken a huge knock over recent months with events both within the UK and Europe having a negative impact on the marketplace. Urgent measures are therefore needed to achieve the stability required to restore that confidence that will encourage businesses to hire again.

“However, in the midst of these high numbers of unemployed people, there are sectors that are showing strong growth. We are still regularly hearing from companies that are struggling to take on talented staff that meet their requirements and there are certainly still opportunities in many areas as firms wrangle with skills shortages.

“Many vacancies that are currently becoming available are in temporary posts as company bosses ramp up operational bandwidth to meet surges in demand without being saddled with fixed costs. But as long as the demand is still there, businesses will still need certain staff levels in order to service their clients and customers.”





The CBI commented on the latest unemployment data which shows that the number unemployed rose by 48,000 in the three months to December to 2.67 million. There was a 22,000 increase in youth unemployment to 1.038 million.

Employment rose by 60,000 over the quarter and the number of inactive people fell by 78,000.

John Cridland, CBI Director-General, said:

“The unemployment situation continues to be very worrying, especially for young people.

“But it’s positive that jobs are being created in the private sector. This month’s data confirms the tentative signs we saw last month of a recovery in private sector hiring. The total number of people employed has risen again.

“Nevertheless, unemployment still rose, but this was driven mainly by people who were previously not actively looking for a job, who have now started to actively seek work.

“The Government’s new Youth Contract programme will help tackle the effects of unemployment by incentivising firms to employ young people, so I urge businesses to take advantage of the subsidy when it becomes available in April.”




City professionals bucking the national trend on unemployment

Stephen Menko, director of HR recruiter Ortus said: “As unemployment rises across the UK, City professionals are bucking the trend. Over a quarter of HR professionals state their organisations are more likely to make a counter offer than they were last year.  Although the employment figures make grim reading for most of the UK’s workers, the 2.3% rise in vacancies in the last quarter indicates there is a strong demand for those with the right skills, which is why those working in professional services have good reason for feeling optimistic about their prospects in the coming year”.


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