New figures released by the Office for National Statistic show that unemployment rose by 88,000 to 2.47 million between June and August of this year. As a result the number of people claiming unemployment benefit rose to 1.63 million.
Chief economist at the British Chamber of Commerce (BCC), David Kern, said that while unemployment is still rising it has done so at a slower pace. He commented that this is evidence that the recession is coming to an end.
He said: “There is no room for complacency, and a sustainable recovery is not guaranteed. Although confidence is strengthening, businesses are still facing serious pressures, particularly small and medium sized firms. Lending is still too weak, and many are struggling to retain their skills base.”
Speak to the Recruiter, Luc Fountain from recruitment company Liberty Resourcing, stated: “We are putting out some quite junior positions for reception and administration. If we put out these jobs a year ago, I would not have had any responses but we are now getting around 600 responses for these roles.”
Yvette Cooper, Secretary of State for Work and Pensions concluded: “Although unemployment isn’t as high today as many feared it would be at the time of the budget, it remains a serious problem, which is why we must keep increasing support and advice to get people back into jobs. We will not leave them on their own.”