Wretched Figures
Recruitment industry reps call UK unemployment figure wretched and worrying as it rises by record amount
The number of unemployed rose in the UK by a record 281,000 to 2.38 million in the three months to May.
This makes the unemployment rate 7.6 per cent – the highest since the New Labour Government came to power in 1997.
The record rise means the figure is edging towards the 3m mark in 2010 as predicted by several associations including the Chartered Institute of Personnel and Development.
Despite many signs that the recession has bottomed out, youth unemployment (those under 24) has hit a 16 year high of 726,000.
Kevin Green, the Recruitment and Employment Confederation chief executive said: “We are concerned that with the jobless figures still rising, temporary work should remain a crucial lifeline for those wanting to get back into employment.
"Our priority now is to ensure that the implementation of the Agency Workers Directive does not damage this flow of jobs through added bureaucracy and cost.
The CIPD chief economist Dr John Philpott said: “The latest official jobs figures offer a litany of wretched new records, with the unprecedented 281,000 quarterly (March-May) rise in unemployment on the Labour Force Survey (LFS) measure the most wretched of all.
"Any optimism that unemployment will peak below 3 million next year before the jobs outlook starts to improve would appear to have evaporated.
“The record quarterly rise in LFS unemployment makes even more puzzling the trend in claimant unemployment (the number of jobless people claiming Jobseekers’ Allowance), which increased by a far less than expected 23,000 in June.”
Source : rec-con.co.uk Thursday 16th July 2009
RKH Consulting provide specialist consultancy services in the appointment of Sales, Marketing, Administration and New Media professionals to companies locally and nationally.
Working with a large number of online job boards, networking events and utilising the in-house knowledge base RKH Consulting are able to provide recruitment packages from as little as £699 for non-senior positions, backed up by a full money back guarantee to bespoke Search and Selection services supported by a 12 month rebate period.
If you've been put off recruiting by escalating costs and would like more control over the money you spend then call RKH Consulting on 08456 212 699 or click here to register your details for an immediate call back.
 |
 |
 |
 |
 |
 |