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Unemployment passes two million Unemployment passes two million
(10 minutes later)
UK unemployment has risen above two million for the first time since 1997, official figures have shown.UK unemployment has risen above two million for the first time since 1997, official figures have shown.
During the three months to January, the number of people unemployed totalled 2.03 million, up by 165,000, said the Office for National Statistics (ONS).During the three months to January, the number of people unemployed totalled 2.03 million, up by 165,000, said the Office for National Statistics (ONS).
For February, the number of people getting jobseeker's allowance added a record 138,400 to reach 1.39 million.For February, the number of people getting jobseeker's allowance added a record 138,400 to reach 1.39 million.
There are now 10 jobseekers for every vacancy advertised in UK jobcentres, the TUC claimed earlier this week.There are now 10 jobseekers for every vacancy advertised in UK jobcentres, the TUC claimed earlier this week.
'Unemployment milestone''Unemployment milestone'
UNEMPLOYMENT: FULL COVERAGE Read our guide on how to cope with unemployment And some handy tips on getting a job in a recessionCheck out the BBC jobs tracker to find out which companies are hiring and firingSee how unemployment is affecting your regionAlso read our report on the contrasting fortunes of Oldham - where there are 30 people chasing each vacancy - and Chester where businesses struggle to fill jobs.
The ONS added that the unemployment rate jumped to 6.5% between November and January.The ONS added that the unemployment rate jumped to 6.5% between November and January.
Unemployment is rising as the first recession in the UK since 1991 continues to bite. Many economists now predict it will go above three million next year.Unemployment is rising as the first recession in the UK since 1991 continues to bite. Many economists now predict it will go above three million next year.
"This is another milestone in the return of mass unemployment to the UK, and it will get worse before it gets better as unemployment always persists even after a recovery starts," said TUC general secretary Brendan Barber. class="lp" href="http://news.bbc.co.uk/1/hi/talking_point/default.stm">HAVE YOUR SAY I lost my job one week before Christmas. I was two months away from completing my probationary period Jo, Horsham class="" href="http://newsforums.bbc.co.uk/nol/thread.jspa?forumID=6218&edition=1&ttl=20090318104128">Send us your comments "This is another milestone in the return of mass unemployment to the UK, and it will get worse before it gets better as unemployment always persists even after a recovery starts," said TUC general secretary Brendan Barber.
Turning his attention to next month's G20 meeting in London, Mr Barber added that it was now imperative that world leaders work together to help stimulate the global economy.Turning his attention to next month's G20 meeting in London, Mr Barber added that it was now imperative that world leaders work together to help stimulate the global economy.
David Kern, chief economist at the British Chambers of Commerce, said the government should now "seriously consider" temporary wage subsidies.David Kern, chief economist at the British Chambers of Commerce, said the government should now "seriously consider" temporary wage subsidies.
The ONS said that average earnings, including bonuses, rose only 1.8% in the year to January, the lowest annual rise since records began in 1991.The ONS said that average earnings, including bonuses, rose only 1.8% in the year to January, the lowest annual rise since records began in 1991.
Business warningsBusiness warnings
HAVE YOUR SAY I lost my job one week before Christmas. I was two months away from completing my probationary period Jo, HorshamSend us your comments
Separate reports by the British Chambers of Commerce (BCC) and CBI have both predicted that UK unemployment will rise above three million in 2010.Separate reports by the British Chambers of Commerce (BCC) and CBI have both predicted that UK unemployment will rise above three million in 2010.
The BBC said the UK economy had worsened "significantly" so far in 2009, and said unemployment will hit 3.2 million next year, slightly more than 10% of the workforce.The BBC said the UK economy had worsened "significantly" so far in 2009, and said unemployment will hit 3.2 million next year, slightly more than 10% of the workforce.
Owen Bednall lost his job at the BMW plant in Cowley in mid-February
Alan Tomlinson, an accountant who guides firms through insolvency, said he had "never been so busy".Alan Tomlinson, an accountant who guides firms through insolvency, said he had "never been so busy".
"Companies of all sizes and in all sectors are folding by the day, putting more and more people out of a job," he said."Companies of all sizes and in all sectors are folding by the day, putting more and more people out of a job," he said.
"The CBI's prediction, last month, that unemployment will peak at just over three million in the second quarter of 2010 could prove to be wildly optimistic.""The CBI's prediction, last month, that unemployment will peak at just over three million in the second quarter of 2010 could prove to be wildly optimistic."
The International Monetary Fund predicted on Wednesday that the UK's recession would last longer than that of any of the world's other major economies.The International Monetary Fund predicted on Wednesday that the UK's recession would last longer than that of any of the world's other major economies.
It warned the UK would be the only member of the G7 group of leading industrial countries that would continue to see its economy contract in 2010.It warned the UK would be the only member of the G7 group of leading industrial countries that would continue to see its economy contract in 2010.