UK unemployment has risen by a further
28,000 to 2.67m according to the office for national
unemployment rate currently sits at 8.4% according to recent
figures from the ONS, with unemployment currently highest amongst
The government commented that the data showed
that the job market is stabilising, yet many complain that not
enough is been done to reduce the high number of unemployed.
The number of people who are claiming job
seekers has also risen to 1.61 million in February. Although there
was an increase on unemployment, it is the slowest increase in over
a year, and with businesses showing more optimism in job creation
the outlook for jobs growth does look promising.
"This is a more encouraging set of figures,
with signs that the labour market is stabilising," said Employment
Minister Chris Grayling. "Britain's jobs crisis shows no signs of
letting up, yet complacent ministers are failing to act," said
shadow work and pensions secretary Liam Byrne.
Overall, the outlook is still quite downbeat,"
said Nida Ali, economic advisor to the Ernst & Young's ITEM
Club. "Although there has been a raft of recent positive data for
the UK economy in the early months of 2012, the improvement is
unlikely to be enough to create more jobs."
The recent news on employment has been mixed,
with Lloyds and Royal Bank of Scotland announcing job cuts of 1,900
between them. With Jaguar Land Rover creating 1,000 new positions
as well as Tesco announcing plans to take on more staff after a
recent drop in profits.