Wednesday, 17 June 2009

Unemployment hits 13-year high

Link to the article: Channel 4 News

By Faisal Islam

Unemployment reaches its highest level in 13 years, with 2.25m people out of work in the UK. Faisal Islam reports.

The unemployment rate is at just over seven per cent and rising numbers claiming job seekers allowance will put even more pressure on public finances.

The prime minister was under attack on the issue, with David Cameron calling on the government to admit their plans would mean cuts in spending.

Meanwhile, the chancellor will be addressing some of these issues in a speech later.