Unemployment at 11 Year High
Posted on Wednesday, November 12th, 2008 at 5:26pmUnemployent levels have reached an 11-year high, with a total of 1.82million unemployed people.
The rate increased by 0.4% during the 3rd quarter - that's the equivalent of 140,000 people. The rate now stands at 5.8%.
An increase of 0.5% over the year was recorded - 182,000 in total.
The last time the number of unemployed was so high was in December 1997, when the level stood at 1.97million.
