UK Employment goes up – a bit
Over the last couple of years all we've heard on the news is how there are no jobs, especially for young people. Only last week was Richard Branson on Radio 1 giving advice to the young unemployed people of the land on how to get a job, any job.
Today figures have been released stating that unemployment has dropped by 88,000 from the end of January to April to 2.43 million, the biggest drop since the summer of 2000.
Some analysts have suggested that these figures could be in response to the change in benefit rules, and that those previously claiming other benefits have moved onto Jobseeker's Allowance.
The public sector all over the country let go of 140,000 jobs over the last year but have also created over half a million, therefore still raising employment.
For those just graduating this is spectacularly encouraging news, as it means the chance of finding work isn't as dismal a prospect as it was at the beginning of the year. The Office for National Statistics' survey has shown that the number of people leaving jobs has been matched by those entering new jobs, and the jobs that were cut were only created last year and now being brought in at a much slower pace.
What do you think about these figures? Are they acceptable considering that the recession ended a year and a half ago, the cost of living seems to be constantly increasing so a loaf of bread seems like a luxury, or do you feel better knowing that there might finally be a job for you after graduate?
Most people in work are finding themselves accepting pay cuts simply to keep their jobs because if they don't, someone else will swoop in. While those on the job hunt are taking lower paid jobs than they're qualified for simply to be in work.
The severity of these harsh truths about working in the public sector is coming to light as we hear of the national teacher strikes planned for 30th June. This time it won't just be teachers and lecturers that won't be working but other areas of the public sector will be affected as well.
The National Union of Teachers and the Association of Teachers and Lecturers have scheduled a nationwide walkout for the 30th, and if 300,000 members of the PCS (Public and Commercial Services union) join them, it will make it the biggest outbreak of industrial unrest in the public sector for years.
Members of the PCS include jobcentre staff, air traffic controllers, customs and immigration officers, police support staff and border staff. These areas of the public sector have been asked to work 8 years longer for less overall pension (because life expectancy has increased over recent years), but also take pay cuts now.
Let us know what you've got to say about the employment figures and the strikes, if you're concerned about how they may affect you contact us and we'll answer as many queries as we can.