unemployment
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By politics.co.uk staff The number of people out of work for more than 12 months hit its highest level since May 1997 in May, latest figures show. The Office for National Statistics (ONS) said the headline figure for the number of unemployed in the second quarter fell by 34,000 to reach 2.47 million. Meanwhile the… Read more »
By politics.co.uk staff The newly-formed Office for Budget Responsibility (OBR) is facing serious questions about its independence after it emerged it downgraded its unemployment forecasts just before the Budget. The office, which was formed by chancellor George Osborne to free forecasts from any sense of political interference, reduced the total by 175,000 after making methodological… Read more »