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The latest unemployment figures show that UK unemployment is slowing, but now stands at the highest figure for 15 years – almost 2.5 million, equating to 8% of the workforce. The number of people claiming unemployment benefit, however, fell to 1.63 million in October, the first fall for nearly two years.
In December 2009, it was revealed that the UK's unemployment total stood at almost 2.5 million – another monthly rise and the highest level for 15 years – but the number of people claiming unemployment benefit had actually fallen by more than 6,000. By this stage, the UK was one of the last major economies still in recession. [105]
In Q3 2016, there were 28.39 million UK nationals aged 16 and over employed in the UK, up 213,000 on a year ago. 74.9% of all UK nationals aged 16–64 were in employment. The number of non-UK nationals working in the UK has also increased in the past year by 241,000 to 3.49 million. 72.8% of non-UK nationals aged 16–64 living in the UK were ...
According to recent reports, the unemployment rate fell from 10.2% to 10%. But is unemployment really falling? Although it seems like toting up the numbers should be fairly straightforward, it ...
Pie chart of UK central government expenditure, 2009-10. The 2009 United Kingdom Budget, officially known as Budget 2009: Building Britain's Future, was formally delivered by Alistair Darling in the House of Commons on 22 April 2009. [1] It introduced new tax, spending and debt rises in a financial environment of rising unemployment and ...
July 2009 Australian unemployment rate: 5.8% [28] August 2009 Australian unemployment rate: 5.8% [29] September 2009 Australian unemployment rate: 5.7% [30] October 2009 Australian unemployment rate: 5.8% [31] The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work ...
The unemployment rate peaked at 10.0% in October 2009 and did not return to its pre-recession level of 4.7% until May 2016. [96] A key dynamic slowing the recovery was that both individuals and businesses paid down debts for several years, as opposed to borrowing and spending or investing as had historically been the case.
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