Unemployment is on the rise again for the first time in two years

New figures reveal crippling economic facts

It’s so far been a shaky and fragile economic recovery since the recession – but, generally speaking, the numbers have been going the right way.

That is until this morning, when figures released by the Office for National Statistics showed unemployment has risen to 1.85 million in the three months to the end of May - an increase of 15,000.

However, the silver lining for those already in employment is that average pay rose 3.2% during this period, compared to the year before.

This was the fastest pace in five years.

“It’s possible that the rate of improvement in the labour market that we have seen over the last three years may have eased off, though it is too early to be certain,” said ONS statistician Nick Palmer.

However, Work and Pensions Minister, Priti Patel told the BBC that people should still be able to get jobs.

“When you look at the strength of the UK labour market - through the reforms we brought in in the last parliament and now as well we’re continuing to implement - we are seeing a lot of growth in the economy, and at the same time, wages are increasing, but vacancies are still at over 700,000, so there are jobs out there in the labour market and vacancies are there,” she said.


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Readers' comments (1)

  • Anonymous

    Unless industrilization and manufacturing becomes a priority of Government and GDP improves, additional jobs may not be created .

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