Unemployment jumped and average wage rises dropped to their lowest rate on record in the three months to March, underlining concerns at the slow pace of the UK’s recovery.
There was an increase in unemployment of 15,000 in the first quarter of the year while during the same period regular pay rose by just 0.8%.
The worsening unemployment picture sent the jobless rate up from 7.7% to 7.8% and left the total number of people unemployed stuck at 2.52 million…
A report for the London Assembly this week found there are 150,000 skilled construction workers in the capital claiming jobseeker’s allowance, at a cost of £2.1bn in benefits. A similar picture of empty and half-built construction sites is repeated across the country as the industry, which accounts for 7% of economic activity, remains in the doldrums.
Chosen excerpts by Job Market Monitor
via UK unemployment starts to rise again | Business | guardian.co.uk.
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