Tuesday 20 October 2009

Surprise fall in youth unemployment dismissed as the ‘lull before the storm.


The rise of unemployment in UK get slowdown and in the three months to August as the number of young people out of work fell, official figures showed yesterday. Unemployment rise 88,000 to 2.47 million, but now situation is that the number of young people out of work fell to 946,000 — 1,000 fewer than the record high set in the three months to July. The number of people signing up for jobless benefits climbed at the slowest way in 16 months in September, rising by 20,800 to 1.62 million. Among 18 to 24-year-old, the figure increased by nearly 8,000 to 490,000.

However the statistics little bit surprised economists who who was thinking that unemployment will rise above 2.5 million and youth joblessness to climb to 1 million as tens of thousands of school and college leavers struggled to find jobs.

No comments:

Post a Comment