
2.34 million people were unemployed in October – December 2013 compared to the figure of 2.32 million a month earlier. The rate of unemployment grew to 7.2% of the working age population, whilst the number of people ‘economically inactive’ also rose.
Today’s figures have led to some confusion with the DWP spinning wildly that everything is fine and unemployment is still falling. The problem lies in the way the figures are presented. It is true that unemployment has fallen from the previous quarter – meaning there were less unemployed people between October – December 2013 than July – September 2013. However there were more unemployed people between October and December 2013 than there were between September and November 2013 – suggesting unemployment…
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