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Economy

date: 13 August 2008

embargo: for immediate release

Government and Bank must act to stem rising unemployment, says TUC

Commenting on the latest employment figures released today (Wednesday) by the Office for National Statistics (ONS), TUC Head of Economic and Social Affairs Adam Lent said: 'With the unemployment rate, claimant count and level of redundancies all rising, workers will expect the Government and the Bank to take decisive action to stop unemployment growing further still. If they fail to do so unemployment will rise significantly in 2009 and inactivity will carry a high economic and social price.

'Unions are looking for action to boost demand; we urge the Bank to cut interest rates and the Government to take the cap off public sector wage increases.'

NOTES TO EDITORS:

- The latest employment figures are available from the ONS website at www.statistics.gov.uk

- All TUC press releases can be found at www.tuc.org.uk

- Register for the TUC's press extranet: a service exclusive to journalists wanting to access pre-embargo releases and reports from the TUC. Visit www.tuc.org.uk/pressextranet

- Congress 2008 will be held at the Brighton Centre, Brighton from Monday 8 September to Thursday 11 September. All applications for media passes must be received no later than noon Tuesday 2 September. Any applications received after this date will be processed in Brighton and subject to a £50 administration fee. The form for media credentials, plus information on how to book wireless internet access and a phone line at the Brighton Centre can be accessed at www.tuc.org.uk/mediacredentials

Contacts:

Media enquiries:
Rob Holdsworth T: 020 7467 1372 M: 07717 531150 E: rholdsworth@tuc.org.uk
Elly Brenchley T: 020 7467 1337 M: 07900 910624 E: ebrenchley@tuc.org.uk

Press release (300 words) issued 13 Aug 2008


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