Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

Blog

Fewer out of work but the labour force is shrinking

Geoff Riley

17th February 2010

Share this content:

We are perhaps towards the crest of the rise in unemployment, but there are still too many uncertainties about the economy to be confident that the peak in unemployment is within reach. And long term unemployment lags an economic recovery - the number of people out of work for at least a year has climbed to the highest level since Labour came into power in 1997. The number of people unemployed for more than 12 months rose 37,000 to 663,000. A shift back towards staying in higher education may also explain why the number of people classed as economically inactive rose 72,000 on the quarter to 8.08m, the highest since records began in 1971.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

Ending Peruvian Poverty

8th October 2015

Global Goals are set to address poverty and underdevelopment

6th October 2015

Dissecting the Commodity Price Meltdown

5th October 2015

Uber faces UK regulatory review

2nd October 2015

How do you deal with someone who thinks the Earth is flat?

23rd September 2015

Don't panic - how to end poverty!

23rd September 2015

Teaching PowerPoints for A Level Economics

23rd September 2015

John McDonnell's Economics

16th September 2015