Labour market shows resilience in tough economic climate

Published on Wednesday, 18 July 2012 11:26
Posted by Scott Buckler

The CBI today commented on the latest official labour market data, showing that unemployment fell by 65,000 and employment rose by 181,000 in the three months to May

The number of people claiming Jobseekers Allowance (JSA) rose by 6,100.

Neil Carberry, CBI Director for Employment and Skills, said:

"Despite the challenging economic times, the British labour market is showing some resilience, with jobs being created and fewer people unemployed. The persistent rise in the number of people claiming JSA remains troubling, however.

"The rising number of JSA claimants, and the fact that we have 441,000 people who've been unemployed for over two years, emphasises how important the Government's Work Programme is. We need everyone to get behind the vital Work Programme initiative, to ensure it fulfils its potential for jobseekers, employers, and taxpayers."

Source: ©CBI

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