U.K. jobless claims see August rise

A

ASusilovic

The number of British workers claiming jobless benefits rose by 24,400 in August to a total of 1.61 million, the Office for National Statistics reported Wednesday. The increase exceeded forecasts for a rise of 20,450. The unemployment rate, when calculated according to International Labor Organization standards, rose to 7.9% in the three months to July, up from 7.2% in the previous three months. The unemployment level rose by 210,000 to 2.47 million during the period, the ONS said. Average earning excluding bonuses rose at an annual pace of 2.2% in the three months to July, the lowest rise since comparable records began in 2001. Including bonuses, earnings rose 1.7%.

http://www.marketwatch.com/story/uk-jobless-claims-see-august-rise-2009-09-16
 
*smacks head on table* This is what happens when you only bailout the banks and the big corporations.

Corporatism ftw.
 
unemployment is one thing, I believe it is calculated on the basis of people checking in to Job Centres/applying for benefits.

what about employment? What about people that do not declare themselves unemployed by not checking in?

I know a lot of bankers that lost their jobs that didn't bother declaring themselves unemployed.

Are there any figures showing the net change in employment?
 
Quote from 11Bettega11:

unemployment is one thing, I believe it is calculated on the basis of people checking in to Job Centres/applying for benefits.

what about employment? What about people that do not declare themselves unemployed by not checking in?

I know a lot of bankers that lost their jobs that didn't bother declaring themselves unemployed.

Are there any figures showing the net change in employment?
More...
The ONS is your friend...

http://www.statistics.gov.uk/pdfdir/lmsuk0909.pdf
 
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