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Author Topic: Unemployment rate is nearer 25%  (Read 11630 times)

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The Prophet

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Unemployment rate is nearer 25%
« on: November 14, 2011, 11:22:13 am »
Unemployment is approaching 25% in most UK regions. The official lower unemployment rate does not include those who are "economically inactive".
These are people without a job, who have not actively looked for one in the last four weeks.
The category includes students, home carers, long-term sick, retirees and "discouraged workers"

With 2.57 million now unemployed this is the higher than at any time since 1994.
There are now a million aged 18-25 without work. A national disgrace!
The youth unemployment rate is now 21.2%, higher than the eurozone's 20.4%.