Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

"Todos somos Americanos"

Read more

WEB NEWS

Sydney siege: Australians show solidarity with Muslims

Read more

ENCORE!

"Charlie's Country" director Rolf de Heer on the contemporary Aboriginal condition

Read more

FOCUS

Hunt for Joseph Kony and LRA militants continues

Read more

THE INTERVIEW

‘China needs Tibetan culture of peace,’ says Dalai Lama

Read more

FACE-OFF

Immigration in France: Hollande slams scaremongers

Read more

ENCORE!

'Charlie's Country' director Rolf de Heer on the contemporary Aboriginal condition

Read more

MIDDLE EAST MATTERS

Egypt: Gay community fears government crackdown

Read more

DEBATE

Taliban school massacre: At least 140 dead in Peshawar assault (part 2)

Read more

Business

British unemployment rises for 11th straight month

Latest update : 2009-01-21

The number of jobless people in the United Kingdom rose for an 11th consecutive month in December as cash-strapped firms scrambled to cut costs. The country's unemployment rate is now more than six percent.

REUTERS - The number of Britons out of work and claiming benefit rose for an eleventh consecutive month in December while the total number out of work approached the two million mark, official data showed on Wednesday.

 

The jump of 77,900 was slightly less than analysts had forecast.

 

The Office for National Statistics said the broader ILO measure of unemployment, which includes those out of work but not claiming benefit, rose to 6.1 percent from 6.0 percent, its highest rate since the three months to April 1999.
 

The figures confirm anecdotal evidence that the pace of redundancies is picking up as banks pull credit lines, forcing firms to take dramatic cost saving measures.

Date created : 2009-01-21

COMMENT(S)