Unemployment hits highest since 1995 | Business | guardian.co.uk .
Unemployment has jumped to its highest level since mid-1995, pushing the jobless rate in Britain up to nearly 8%, official data showed today.
The Office for National Statistics (ONS) said the jobless total on the broad International Labour Office measure rose by 210,000 in the three months to July, taking the total to 2.47 million.
Green shots?
Recovery?
And the promise from Tories, Labour and Lib Dems alike of massive cuts in government spending and enormous job cuts.
As I said earlier today, we are standing on the edge of a cliff.
Let's not for a minute pretend we're out of the woods.
Unemployment could rise to 4 million. I remain convinced of this.
And I hate the human cost of it.
Can't our politicians see this?
I know there will be tears before bed time. And they could be avoided. And that is a deep hurt to live with.
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The last 3 months (government spending still rising at 5% a year) has seen 13,000 extra jobs in the public sector and 230,000 jobs lost in the private sector.
The high government spending model (50% of GDP, or 51.4$% if you include tax credits) isn’t working and is never likely to. This government has turned the UK into post-war Poland.
Spending more is never going to work.
seems relatively clear that employment rates lag. and they have not troughed yet. But we are not in “brother can you spare a dime” territory by any stretch of the imagination.
If you hate the human cost of unemployment so much why do you support economic policies that will only serve to extend the pain?
“But we are not in “brother can you spare a dime” territory by any stretch of the imagination.”
Sorry pal. Yes, we are. In certain age groups, particularly in the over 40’s formerly working in service industries, particularly on a project basis, IT, engineering, consulting, who have been having it tough for several years, lost savings, no hope of re-employment etc. I know several good people lose their homes recently and it is getting worse.
Other than that, it is very rare to see a graduate get a job at the moment.