Monday, March 16, 2009

One vacancy for every 10 people

According to the Trades Union Congress there are 10 people for every job vacancy in the UK. This is just an average figure as in some parts of the country, for example in the South-East region of England, there are 60 people looking for the same job. The situation seems desperate as the UK faces the highest unemployment rate since 1998. 

Current unemployment rate indicates that there are 2 million people looking for a job in Britain. The Office for National Statistics will publish more detailed information on the matter this week. Brendan Barber, general secretary of TUC, said that these figures “blow out of the water the government's claim that there are plenty of jobs available for people who are prepared to look". 

Unfortunately, the problem is not over. The British Chambers of Commerce expects the number to jump to 3.2 million by the second half of the year. The director of BCC said that governments should do more so as to help firms struggling with the situation. 

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