Wednesday 13 April 2011

Good news for jobseekers but bad news for those in work, says TUC


Commenting on the latest unemployment figures published today (Wednesday) by the Office for National Statistics, Midlands TUC Regional Secretary Cheryl Pidgeon said:
“Today’s figures are a welcome relief for those looking for work but our labour market recovery is still far from secure.
“The surprise fall in unemployment is good news for the millions of people looking for work, although the fall in the number of vacancies from last month is a worrying sign.
“The news for those in work is less positive, with earnings growth falling and the gap between wages and inflation rising sharply to 3.5 per cent. The growing earnings gap is piling the pressure on people’s living standards.
“Rising long-term unemployment and youth joblessness close to a million offer a sobering reality check on today’s upbeat figures.

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