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| Unemployment reaches 11-year high | Unemployment reaches 11-year high |
| (21 minutes later) | |
| The number of people out of work in the UK in the three months to September jumped by 140,000 to 1.82 million - the highest in 11 years. | The number of people out of work in the UK in the three months to September jumped by 140,000 to 1.82 million - the highest in 11 years. |
| The unemployment rate rose to 5.8%, up from 5.4% in the previous quarter, according to official figures. | The unemployment rate rose to 5.8%, up from 5.4% in the previous quarter, according to official figures. |
| The number of people claiming the Jobseeker's Allowance rose by 36,500 to 980,900 in October - the highest monthly increase since 1992. | The number of people claiming the Jobseeker's Allowance rose by 36,500 to 980,900 in October - the highest monthly increase since 1992. |
| Economists say unemployment could top two million within months. | Economists say unemployment could top two million within months. |
| These latest jobs figures came shortly before the Bank of England produced its gloomiest set of forecasts for in more than a decade. | |
| The Bank said Britain's economy had probably already entered recession and was likely to contract further in 2009. | |
| On Tuesday news came of more than 5,000 cuts by firms including Virgin Media, Yell and GlaxoSmithKline. | |
| Policy 'priority' | |
| The annual growth rate of average earnings, including bonuses, eased to 3.3% in the three months to September compared to the previous period. | |
| Excluding bonuses, average earnings grew at 3.6%, unchanged on the previous three months. Inflation is currently 5.2% but is set to plummet as the economy slows. | |
| The UK labour market is about to suffer the consequences of the once-in-a-generation financial crisis Graeme Leach, Institute of Directors How to cope during the downturnHow to negotiate during redundancy | |
| The number of manufacturing jobs fell to 2.86 million, the lowest figure since records began in 1978. | The number of manufacturing jobs fell to 2.86 million, the lowest figure since records began in 1978. |
| TUC general secretary Brendan Barber said: "The signs are that redundancies are coming even faster since these figures were collected. Countering unemployment must be public policy priority number one." | TUC general secretary Brendan Barber said: "The signs are that redundancies are coming even faster since these figures were collected. Countering unemployment must be public policy priority number one." |
| ING economist James Knightley said that the last recession in the early 1990s saw 31 consecutive monthly rises in unemployment. | ING economist James Knightley said that the last recession in the early 1990s saw 31 consecutive monthly rises in unemployment. |
| "We are likely to have plenty more bad news on the labour market to come," he warned. | "We are likely to have plenty more bad news on the labour market to come," he warned. |
| He said the number of those out of work would "push towards 2.5 million in 2010". | He said the number of those out of work would "push towards 2.5 million in 2010". |
| Union pleas | Union pleas |
| Derek Simpson, joint general secretary of the Unite trade union, called for a programme of government intervention. | Derek Simpson, joint general secretary of the Unite trade union, called for a programme of government intervention. |
| "Only urgent and widespread action by government to protect jobs and homes will help hard-pressed families through the worst of this global turmoil," he said. | "Only urgent and widespread action by government to protect jobs and homes will help hard-pressed families through the worst of this global turmoil," he said. |
| GMB general secretary Paul Kenny said: "The chancellor is right to spend money to keep people in work rather than spend money on unemployment benefit." | GMB general secretary Paul Kenny said: "The chancellor is right to spend money to keep people in work rather than spend money on unemployment benefit." |
| "He needs to keep the pedal to the metal in terms of spending on regeneration," he said. | "He needs to keep the pedal to the metal in terms of spending on regeneration," he said. |
| Graeme Leach, of the Institute of Directors, said unemployment could rise to 2.8 million by 2010. | Graeme Leach, of the Institute of Directors, said unemployment could rise to 2.8 million by 2010. |
| "The UK labour market is about to suffer the consequences of the once-in-a-generation financial crisis," he said. | "The UK labour market is about to suffer the consequences of the once-in-a-generation financial crisis," he said. |
| Jobless totals | Jobless totals |
| The claimant count - those claiming Jobseeker's Allowance - has now increased for nine months in a row and is 154,800 higher than a year ago. | The claimant count - those claiming Jobseeker's Allowance - has now increased for nine months in a row and is 154,800 higher than a year ago. |
| The number of people in work fell by 99,000 to 29.4 million and vacancies were down by 40,000 to 589,000, according to the Office for National Statistics. | The number of people in work fell by 99,000 to 29.4 million and vacancies were down by 40,000 to 589,000, according to the Office for National Statistics. |
| The unemployment rate of 5.8% is the highest since early 2000, while the number of people looking for work has jumped by 182,000 over the past year. | The unemployment rate of 5.8% is the highest since early 2000, while the number of people looking for work has jumped by 182,000 over the past year. |
| The number of unemployed men was 1.07 million, up 85,000 over the latest quarter, while 55,000 more women joined the ranks of the unemployed, up to 750,000. | The number of unemployed men was 1.07 million, up 85,000 over the latest quarter, while 55,000 more women joined the ranks of the unemployed, up to 750,000. |
| Unemployment among 18 to 24-year-olds increased by 53,000 to 579,000, the highest figure since 1995. | Unemployment among 18 to 24-year-olds increased by 53,000 to 579,000, the highest figure since 1995. |
| Long-term unemployment rose, with the numbers out of work for longer than a year up by 20,000 to 435,000. | Long-term unemployment rose, with the numbers out of work for longer than a year up by 20,000 to 435,000. |
| There was also increase in redundancies, as 156,000 people reported they had up lost their jobs during the three months to September - up 29,000 from the previous quarter. | There was also increase in redundancies, as 156,000 people reported they had up lost their jobs during the three months to September - up 29,000 from the previous quarter. |
| Have you recently been made redundant? Have you had difficulty finding a work? What are your experiences? Are you an employer who has had to lay off staff? Send us your comments using the form below. | Have you recently been made redundant? Have you had difficulty finding a work? What are your experiences? Are you an employer who has had to lay off staff? Send us your comments using the form below. |
| In most cases a selection of your comments will be published, displaying your name and location unless you state otherwise in the box below. | In most cases a selection of your comments will be published, displaying your name and location unless you state otherwise in the box below. |