Today’s unemployment statistics are I fear a foretaste of worst to come; and the Unemployment figures in parts of east London have risen by almost 16 per cent over the last year.
Figures released today showed the jobless totals in Newham have risen from 10,265 to 11,877 in the year to October, an increase of 15.7 per cent. In Tower Hamlets the figure rose to 11,486 from 10,147, a 13.2 per cent increase.
Of those unemployed, 3,295 in Newham are aged 18-24, while 3,424 are in that same bracket in Tower Hamlets.
London saw a rise of 10.8 per cent in unemployment, with the total seeking work now 236,912. The total number of people across the UK out of work is 2.62million, with 1.02million young people jobless. That's the highest total for 15 years.
Youth unemployment in the UK has risen above the politically sensitive 1 million mark, as fears grow of a lost generation of workers amid the worsening economic conditions.
Grimsby, Doncaster and Blackpool were named as black spots with high rates of young people not in education, employment or training. Parts of London, such as Hackney and Newham, also showed a similar pattern, according to the Work Foundation and Private Equity Foundation.
Oh yes Doncaster, were 20,000 pensioners are living in fuel poverty, now we are told this is a youth unemployment black spot, it is also the Town that Ed Miliband represents in the House of Commons – lucky then for him that he isn't the keys holder to 10 Downing Street.