Unemployment Facts

Unemployment Facts

Fact

Unemployment is now 2.47 million and rising, 709,000 in the last year, that’s nearly 2000 people a day losing employment

Fact

1 in 6 young people are unemployed

1 in 5 households are on benefits

Fact

Unemployment is at its highest level in 10 years

And at its highest level for 16 years for under 24 year olds

Fact

Redundancies are up by 150, 000 in the last year

Fact

Growth in average earnings has fallen

Fact

Job vacancies have fallen by 427,000 in the last year.

That’s nearly 5000 job vacancies disappearing every day

Unemployment will soon be pushing towards 3 million, with at least 709,000 being added in the last year, that’s nearly 2000 people a day losing employment. Unemployment is at its highest level in 10 years and even worse at its highest level for 16 years for the under 24 year olds. That equates to 1 in 6 young people being unemployed and 1 in 5 households being on benefits. Agencies are talking about ‘the lost generation’ when describing employment prospects for the under 25 year olds.

Redundancies were up by 150,000 in the last year and the future isn’t looking good because job vacancies have fallen by 427,000 in the last year. That’s nearly 5000 job vacancies disappearing every day. If you’re still in employment, it still affects you. Growth in average earnings has fallen.

The Workers of England union wants action not

We are a union that cares,

 A union that wants to put England’s workers first

We need your support, the facts shows it affects You

What’s the Governments response to increasing unemployment?

 

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