Jobseeker claimants at 15-year high - News in brief - Evening Standard
       

Jobseeker claimants at 15-year high

The number of people on unemployment benefit saw its biggest jump in more than 15 years during June.

In a fresh sign of economic gloom, those claiming Jobseeker's Allowance rose by 15,500 to 840,100, according to the Office for National Statistics (ONS).

This was the biggest monthly rise since December 1992 and the fifth consecutive rise in the claimant count, the ONS said.

May's figures showing a 9,000 rise were also revised sharply higher, giving a total of 14,300 new claimants during the month.

The number of claimants as a percentage of the workforce also rose, to 2.6%, the figures showed.

But the statistics have yet to fully reflect growing numbers of redundancies as the UK economy slows.

In recent weeks, the UK's biggest housebuilders have cut around 5,000 jobs as the credit crunch grows.

In the three months to May, 118,000 people were made redundant, up 10,000 on the previous quarter.

According to the ONS data, the total number of unemployed was 1.62 million in the three months to May, up 12,000 on the previous quarter. The unemployment rate was unchanged at 5.2%.

Total employment levels reached a record 29.59 million during the quarter - the highest since 1971, reflecting an increase in the working age population. But the number of job vacancies fell in the three months to June as the slowdown hit home. Vacancies stood at 655,100, down 32,200 on the previous quarter.

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