herald

Sunday 22 July 2018

Britain's jobless jump

BRITAIN'S jobless claims had the sharpest rise in over two years, adding pressure on the government to boost the economy.

The number of people claiming jobless benefit rose by 37,100 last month which was the largest jump since May 2009.

The Office for National Statistics said that some of the rise was still due to a change in benefit rules, though this could not explain all of the increase.

Despite a sluggish economic recovery, employment in Britain had risen slightly -- but these new figures show a marked change.

Businesses are scaling back hiring plans which raises doubts about the ability of private companies to make up for public sector job losses.

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