Unemployment recently fell by 7000, making this recession the quickest to see a rise in employment. Correct me if I’m wrong but this seems to be something the Tories are skimming over…..who are we to judge. This has now left unemployment figures back under 2.46 million. Yes there is the good chance it may start to increase again, but it is forecast (albeit not by the Met office) to peak at a mere 2.8 million which 1. is half a million lower than the previous two recessions and due to population growth, far proportionally lower than either of the past two recessions. There is also the interesting fact that we are dealing with long term unemployment, rather than leaving a generation on the dole with over the past year, 70% of claimants have come off benefits within six months, compared with 63% in the downturn of the early 1990s and 60% in the recession of the early 1980s.
Money well spent don’t you think?