The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Telegraph.co.ukI'll continue to be an investor in Google and Amazon - if they do no evilTelegraph.co.ukI hold a sizeable chunk of my self-invested personal pension in Scottish Mortgage investment trust. It is a fund that has delivered impressive returns because ... 'Telegraph 25': the definitive list of our favourite investment funds. • Charts: Scottish ...and more »
Telegraph.co.uk'Buying our family home will cost £7500 extra thanks to tax aimed at tycoons'Telegraph.co.ukThe tax follows Mr Osborne's other attack on buy-to-let: his phased removal of landlords' ability to deduct mortgage interest costs from profits before tax. ... Mapped: how buy-to-let will lose money in 91pc of regions ... Email moneyexpert@telegraph ...and more »
Telegraph.co.ukThe catch on 'free' HSBC Premier bank account when in FranceTelegraph.co.ukHowever, there may be occasions where the customer is charged separately for having a debit or credit card as is the case in France.” The bank says that in ... If you want to ask a general money question, email moneyexpert@telegraph.co.uk. The best of ...and more »
Telegraph.co.ukThe catch on 'free' HSBC Premier bank account - when in FranceTelegraph.co.ukHowever, there may be occasions where the customer is charged separately for having a debit or credit card as is the case in France.” The bank says that in ... If you want to ask a general money question, email moneyexpert@telegraph.co.uk. The best of ...and more »
Belfast NewsletterDon't fall victim to pension scamsBelfast NewsletterPension wise offers free, impartial guidance for those thinking of accessing their pensions. Face to face appointments are available to those aged over 50 with a defined contribution pension. The appointment covers the different ways you can take money ...and more »
Have you met...
Latest Members:


doaanile7


donjuancuk


jakibadr


Sloane Beck


jappleseed


LynneW72


user

 

General News

Email this story to a friend:

2.38 million unemployed and rising.

A record 281,000 people were added to the growing list of unemployed in the three months to May.15-07-2009
It’s the biggest increase in unemployment in a three month period since records began in 1971. The figures from the Office for National Statistics show that 2.38 million are now out of work - 7.6% of the workforce and the highest since the end of 1995.
Young people between 16 and 24 are particularly badly hit. 726,000 are out of work and that’s the highest figure for 16 years.  
The number of people out of work for more than a year rose by 46,000 to 528,000, the highest for 11 years and that includes about 133,000 young people.
The only glimmer of good news is that the number of people claiming unemployment benefit was less than expected. 220,000 more claimed in the three months to May and 23,800 more claimed in June bringing the total to 1.56 million. But most analysts and forecasters still expect unemployment t6o rise to 3.2 million before it starts going down again. And not only is unemployment rising but the number of job vacancies is falling. There were 429,000 in the three months to June, down by 35,000 from the previous quarter.

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks