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The poisoned chalice

#1
Well, one of them, at least...

Employment down, unemployment up.



The employment rate for the three months to March 2010 was 72.0 per cent. The rate was down 0.3 per cent on the quarter and it has not been lower since the three months to September 1996. The number of people in employment fell by 76,000 on the quarter to reach 28.83 million. The number of full-time workers fell by 103,000 over the quarter but the number of part-time workers increased by 27,000. The number of employees and self-employed people working part-time because they could not find a full-time job increased by 25,000 on the quarter to reach 1.07 million, the highest figure since comparable records began in 1992.

The unemployment rate for the three months to March 2010 was 8.0 per cent, up 0.2 per cent on the quarter. The number of unemployed people increased by 53,000 over the quarter to reach 2.51 million, the highest figure since the three months to December 1994. The number of people unemployed for up to six months fell by 52,000, to reach 1.21 million. However, the number of people unemployed for more than twelve months increased by 94,000 over the quarter to reach 757,000, the highest figure since the three months to May 1997.

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