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@pvonhellermannn@mastodon.green

Post #3466170

2026-02-17 07:51 UTC

#FollowTheMoney 90/n 🧵 UK unemployment rate hits five-year high of 5.2% In a way i am glad that at least rising #unemployment is slowly recognised and talked about in MSM - those of us who have lost jobs know anecdotally just how widespread #Redundancy now is. worrying nonetheless. Not least because #underemployment- many working in PT low grade jobs to make ends meet - is not picked up at all statistically. https://www.bbc.co.uk/news/articles/c1l7pedyzjeo https://www.bbc.co.uk/news/articles/c1l7pedyzjeo https://www.bbc.co.uk/news/articles/c1l7pedyzjeo

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  • #FollowTheMoney 🧵 91/n Youth #unemployment in particular is rising significantly in the UK. Now at 16.1%, higher than EU average for the first time. Alan Milburn: this poses an “existential” risk for the UK and could put “a generation on the scrapheap”. “This is not a short-term phenomenon, it’s a long-term one,” he told the BBC. “We’re seeing something dramatic changing in the labour markets.” https://www.theguardian.com/society/2026/feb/17/its-soul-crushing-young-people-battle-bleak-jobs-market-as-youth-unemployment-rises?CMP=Share_iOSApp_Other

    Open ##3466169