UK unemployment hits 14-year high of 2.38m

Unemployment climbed by a record 281,000 to hit 2.38 million in the three months to May, the highest level since October 1995.

The bigger-than-expected jump in unemployment, which includes those not claiming jobless benefits, is the largest rise since records began in 1971. The number of people out of work has risen by 753,000 over the last year.

Unemployment rose by 120,000 in May alone, the highest monthly increase during the current recession. The jobless rate has climbed to 7.6 per cent — the highest since January 1997. (...)


UK unemployment hits 14-year high of 2.38m - Times Online