Unemployment rises again

The number of adults in the UK without a job rose by 48,000 over the last quarter to over 2.5 million. This is the highest rate since 1995 according to the office of national statistics.

The Office of National Statistics notes the number of employees and self-employed people working part-time due to being unable to find a full-time job increased by 83,000 on the quarter to reach 1.35m, this is the highest figure since 1992.

Full-time jobs fell 26,000 over the quarter to just over 18m and the number of self-employed also fell 10,000 on the quarter to just over 4m.

Total pay, including bonuses, rose by 2% on a year earlier, unchanged on the three months to November 2011.

The number of unemployed people aged from 16 to 24 also rose again, this time by 22,000 over the quarter to reach 1.04m, this includes 307,000 people in full-time education looking for work.

Colette Sowerby

Dated 2012 – valid for 6 months. AisaProfessional is a trading style of Aisa Direct Ltd, authorised and regulated by the FSA as Independent Financial Advisers. 4 Fordbrook Business Centre, Pewsey, SN9 5NU

Notes …

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