Unemployment in this country keeps on rising....
From todays BBC...
The number of people out of work in the UK has reached its highest rate since July 2003, according to the Office for National Statistics (ONS).
The number of unemployed people rose by 30,000 to 1.56 million between December and February, the ONS said.
That put the jobless rate at 5.1%, ahead of analysts' expectations.
The figures also showed that the number out of work and claiming benefits rose by 12,600 in March to 937,600, putting that rate at 3% of the workforce.
The latest claimant count comes after February's rise of 14,600 - the biggest monthly increase since the end of 1992.
It means jobless claims have now risen for 13 of the last 14 months.
Bonus effect
Analysts Philip Shaw of Investec said: "The biggest surprise is the size of the increase in the claimant count, which is providing more convincing evidence that the labour market is continuing to loosen.
From todays BBC...
The number of people out of work in the UK has reached its highest rate since July 2003, according to the Office for National Statistics (ONS).
The number of unemployed people rose by 30,000 to 1.56 million between December and February, the ONS said.
That put the jobless rate at 5.1%, ahead of analysts' expectations.
The figures also showed that the number out of work and claiming benefits rose by 12,600 in March to 937,600, putting that rate at 3% of the workforce.
The latest claimant count comes after February's rise of 14,600 - the biggest monthly increase since the end of 1992.
It means jobless claims have now risen for 13 of the last 14 months.
Bonus effect
Analysts Philip Shaw of Investec said: "The biggest surprise is the size of the increase in the claimant count, which is providing more convincing evidence that the labour market is continuing to loosen.
Comment