Unemployment figures to rise in UK

According to the study, British unemployment is set to rise further this year and will remain high for the next 18 months.

Britain is currently suffering from an unemployment rate near 8.5 percent, with almost 2.7 million people out of work.

The study says the North West, London, Yorkshire and the Humber region and the East of England will see the highest increases in joblessness.

The IPPR predicts 50,000 more men and a similar number of women will become unemployed this year as public sector jobs continue to be cut. It estimates more than 40,000 of those hit will be under the age of 25.

“The personal tragedy of the slow economic recovery is the way unemployment will continue to rise over the next year, even once the economy begins to grow”, said IPPR senior research fellow Kayte Lawton.

“This has been the longest recession and the slowest recovery that Britain has ever experienced”, Kayte said.

“The risk is that high unemployment becomes a permanent feature of the UK economy, as it did in the
1980s”, added Kayte.

“Even within the context of the government’s deficit reduction plan, it is short-sighted not to do more to get people back into jobs”, she noted.

The think tank’s warning comes with unemployment standing at 2.7 million, or nearly 8.5 percent of the working population, which is the highest level since 1995.

More than one million 16 to 24-year-olds are already out of work, with new figures later this month expected to show another rise.

MOL/JR/HE

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