Thursday 15 July 2010

UK long-term unemployment soars to 1997 levels

Telegraph
"Long-term unemployment has jump by 47.5pc over the year to 787,000 in the three months to May, according to the Office for National Statistics. Older workers were the worst hit group, with more than half of over 50s out of work now classed as long-term unemployed, the figures revealed.Millions of people are now working part time either because they can't find a full-time job, or because employers have cut the number of days they work, the statistics found. "

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