Graduates face tough job market

Jobless count up again

Jobless count up again

By politics.co.uk staff

Unemployment fell just short of 2.5 million in the three months to September.

The figures were pushed upwards by this year’s university graduates, no longer in full-time education appearing on the figures.

According to the Office for National Statistics unemployment rose by 30,000 in the three months to September to 2.46 million.

This is the smallest quarterly increase in unemployment since the three months to May 2008.

The number of people in work rose for the first time since May to July 2008. But the number of people working part-time because they could not find a full-time job increased to just short of one million.

Recessionary Britain’s job market remains extremely challenging for new graduates and long-term unemployed alike. Just 428,000 new vacancies appeared in the three months to October 2009, the lowest number since records began.

More follows