Huge east midlands claimant to job vacancy ratios threatens our economic recovery

date: 16 May 2012

embargo: Immediate release

Responding to the latest unemployment figures published today (Wednesday) by the Office for National Statistics, Midlands TUC Regional Secretary Rob Johnston said:

'Today's figures are mixed, with a welcome slight fall in unemployment in the east midlands.

'However, we are still left with huge claimant to job vacancies ratios in parts of the region which remain stubbornly high. This, together with the collapse in wages is terrible news for people both in and out of work and threatens our chances of economic recovery.

'The number of under-employed people, who are taking part-time and temporary jobs for a lack of permanent full-time work, has hit two million for the first time ever.

'The falling number of full-time jobs and six per cent fall in real wages over the last two years means that people are having to make huge salary sacrifices and put their careers on hold just to stay in work.

'People's incomes and job security today are barely any better than they were at the height of the financial crash. Unless governments act together and stop our austerity misery spiral, the UK's economic depression will continue for far longer than feared.'

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Contacts:

Media enquiries:

Rob Johnston, T: 0121 262 6383; M: 07879 497 291;

E: rjohnston@tuc.org.uk

Alan Weaver, T: 0121 262 6383; M: 07771 778 694;

E: aweaver@tuc.org.uk