UK unemployment rose by 114,000 between June and August to reach a new peak of 2.57 million – its highest level for 17 years – according to figures from The Office for National Statistics (ONS).
The number of people in employment aged 16 and over fell by 178,000 on the quarter and by 47,000 on the year to reach a worryingly high 29.10 million. This is the largest quarterly fall in the number of people in employment since the three months to July 2009.
There were 9.35 million inactive people aged from 16 to 64, contributing to an inactivity rate of 23.3 per cent.
The grim figures also reveal the number of people claiming Jobseeker’s Allowance in September increased for the seventh month in a row, by 17,500, to reach 1.6m, the highest total since the start of 2010.
The unemployment figures, which were higher than expected, means that the Government will now come under increasing pressure to explain what it is doing to combat rising unemployment.
If you live in Torbay and are affected by unemployment, redundancy or face barriers into employment contact Outset Torbay for free support and advice to help you explore if self-employment could be for you. For more information contact Outset Torbay on freephone 0800 032 2905.