Unemployment in Britain at 10-year high

February 11th, 2009 - 9:51 pm ICT by IANS  

London, Feb 11 (DPA) The unemployment total in Britain rose to 1.97 million in December, reaching its highest level in 10 years, official figures showed Wednesday.
The unemployment rate stood at 6.3 percent.

The jobless total is expected to have surpassed the two-million mark in January, as the deepening recession brought almost daily job losses.

“Things will certainly get worse before they get better. We would expect to see another significant increase in the number of people out of work in the figures published next month, as many more firms were forced to cut staff early in the new year,” said Peter Mooney, head of consultancy with Employment Law Advisory Services.

Related Stories

Tags: , , , , , , , , , ,

Posted in World |

Subscribe