Over 500,000 British adults did not work under Labour regimeBy ANI
Thursday, January 27, 2011
LONDON - Over half-a-million British adults and a quarter of a million children failed to find work when the Labour Party was in power, official figures have revealed.
According to The Daily Mail, by the time Prime Minister Gordon Brown left Downing Street last June, around 552,000 adults and a quarter of a million children were sharing homes and not inclined to find or do work.
According to the Office for National Statistics survey, there are 352,000 households where no one had ever worked.
It also said that students in full-time education, with no experience of part-time or holiday jobs, occupied almost one in three of these households.
Graduate unemployment has hit its highest level for more than a decade, with a fifth out of work, new figures show.
Some 20 per cent of new graduates were unemployed in the third quarter of 2010, according to data published by the ONS.
This was almost double the rate before the start of the recession, when it stood at 10.6 per cent.
The figures show that graduate unemployment has increased faster than for the UK as a whole.
By the end of the recession, the unemployment rate for new graduates was 2.3 times higher than the rest of the UK (18.5 per cent compared with 7.9 per cent in the third quarter of 2009). (ANI)