HRreview Header

Unemployment ‘hit 8.3% in May’

-

Unemployment is continuing to riseAmid the ongoing recession, UK unemployment rates reached 8.3 per cent during May, new figures have revealed.

According to the Organisation for Economic Co-Operation and Development, in the eurozone this was an increase of 0.2 per cent over the course of the month and 2.1 percentage points higher than seen in May 2008.

Furthermore, in March, the UK saw unemployment hit 7.2 per cent, 0.1 per cent higher than that recorded in February and an increase of two percentage points from March 2008.

The news comes after the Trade Union Congress (TUC) warned that unemployment was likely to be as bad as, if not worse than, the last recession of the 1990s.

Speaking at the time, TUC general secretary Brendan Barber said: "The picture for jobs and growth is already bleaker than the last recession and is looking much more like the deep recession of the 1980s every day."

The group had also earlier predicted that UK job losses were likely to continue until autumn 2010.

Latest news

James Rowell: The human side of expenses – what employee behaviour reveals about modern work

If you want to understand how your people really work, look at their expenses. Not just the total sums, but the patterns.

Skills overhaul needed as 40% of job capabilities set to change by 2030

Forecasts suggest 40 percent of workplace skills could change by 2030, prompting calls for UK employers to prioritise adaptability.

Noisy and stuffy offices linked to lost productivity and retention concerns

UK employers are losing more than 330 million working hours each year due to office noise, poor air quality and inadequate workplace conditions.

Turning Workforce Data into Real Insight: A practical session for HR leaders

HR teams are being asked to deliver greater impact with fewer resources. This practical session is designed to help you move beyond instinct and start using workforce data to make faster, smarter decisions that drive real business results.
- Advertisement -

Bethany Cann of Specsavers

A working day balancing early talent strategy, university partnerships and family life at the international opticians retailer.

Workplace silence leaving staff afraid to raise mistakes

Almost half of UK workers feel unable to raise concerns or mistakes at work, with new research warning that workplace silence is damaging productivity.

Must read

Ishreen Bradley: How to create a personal brand that will accelerate your career

Most people understand how critical strong branding is for...

Arran Heal: Why good workplace cultures keeps winning over cash for employees

"In the challenging years to come, it is toxic cultures that will destroy businesses over time."
- Advertisement -

You might also likeRELATED
Recommended to you