Some unemployment stats

According to a recent study, the number of people out of work for longer than two years has soared to more than 400,000, the highest figure since 1997 – the total has more than doubled since the recession in 2008.

Of the 100,000 people over 50 who lost their jobs at the start of the economic crisis, (100,000!) many are now running the risk of being forced to retire earlier than they planned, and with a lower/ possibly much reduced pension.
It doesn’t look any rosier for the younger element either! The number of 18 to 24-year-olds who have been jobless for more than two years has almost trebled since 2008, from 36,000 to 95,000. Frightening statistics for any reader to accept.

When employers take on more workers they will (no doubt) offer the lowest they can get away with, and surprise surprise, that includes all age groups, not just teenagers and not just over 50s.
At the lowest end of the pay scale, the likelihood is that the lowest paid jobs will go to those who are frankly the most desperate for money and a job. (Not just Eastern Europeans) They’ll possibly also be required to work longer hours, with increased responsibility and of course will be expendable.

But, the tide will turn… When the job market improves, disgruntled staff will eventually move on to better jobs. Unfair bosses will see their workforce temporarily depleted and the jobless thousands of today will see the emergence of more jobs offering genuine opportunities…