Throughout the United Kingdom, information about the fall in employment has been a popular subject for the past year. With a significant amount, of reports surrounding the levels of employment, redundancies and businesses going into administration. It was to be expected that the rate of unemployment in the United Kingdom would see a considerable rise in the first quarter of this year. Many big brands have found themselves entering financial difficulties, at the loss of thousands of jobs. This has seen the rate of unemployment within all working age groups rise dramatically, even the military is beginning to feel the strain. Leaving many residents out of work and just as many school leavers entering the work environment for the first time with little or no prospects.
The start of 2012 saw a small glimmer of hope during what could be seen as one of the biggest years in the United Kingdom’s history, with the arrival of the Olympics. However, the start of March saw the unemployment rate standing at 8.4%. Which has risen since last quarter. Between November 2011 and January 2012, it is reported that 29.12million people were employed throughout the country. Although, as substantial as that is the fact remains that the jobless total within the United Kingdom is at a 17-year high. With over 1.61million residents claiming job seekers allowance. School leavers aged between 16-24 have faced some of the most difficult times in living memory, with the unemployment rate in their category rising by over 16,000 people. A total of 1.042million people between the ages of 16-24 are now unemployed in the United Kingdom, many of which are forced to claim benefits due to the lack of opportunity.
Between November 2011 and January 2012, 2.64million people in total were unemployed. However, there are positive notes to this otherwise negative report. The creation of new public sector jobs has created opportunities for many people. Although, this is far from being the end of the unemployment issue the United Kingdom faces. The UK Jobs market will see a significant increase towards the middle and end of this year. Due to the creation of many part time jobs in and around the capital. This will ease the strain on many, and because of this the rate of people out of work, is expected to drop dramatically during the year.








