Ever since 1989, unemployment has been a grave and now as though a never ending problem faced by the economy of United Kingdom.
International Labor Organizations, who have been keeping a strict tab on the rate of unemployment have mentioned that there has been a significant growth in the economy as there has been a sudden increase In the number of jobs in the market.
Recession has also helped as an added advantage in further increasing the number of job availability.
With the increase in jobs in the private sector the economy of the country has shown a slight but a better rise in the economic situation. Last year there was a jump of employment from 184,000 employed to 29 million employed.
With the rise and keenness of the private sector to add more jobs and create employment, there is a strong and an encouraging push to the economy, and if the slow but steady growth continues the health of the economy is for sure going to show an overall improvement. But even with this push and improving signs of the job sector market, the public sector has not shown any sings of improvement instead there is been a further decline in the rate of employment in the public sector. As per the Treasury fiscal watchdogs 2015 will see a further decline in public sector jobs as predicted more than half a million jobs in the public sector will be permanently eliminated.
The sudden rise in the rate of employment has seen a growth in the part time jobs than the full time jobs. There has been a decline in the rate of unemployment, as the job growth showed an all time increase, part time jobs have gone up by an alarming rate of 115,000 where as the full time employment has only risen by 68,000 where as on the whole the vacancies in the full time job market is close to 90,000. as per the above statistics the UK government has a lot to thank the private sector was being a saving grace to their declining economy.
It is seen in the past that unemployment has posed as a huge threat to the economic crisis; the social and economic challenges face a lot of ups and downs by the ups and downs in the rate of unemployment, thus affecting the economic situation of United Kingdom.
However online jobs or home jobs are becoming readily available due to the Internet revolution. A lot of portals and online businesses outsource work to Internet trained people. These opportunities can be converted into full time work if work is delivered as needed. Many companies need a lot of such staff to be available and complete work on demand. This would help in generating good income for your and your family in these times of crisis.
Recession is a cycle and with lost jobs come new opportunities. We need to grab them when they come though. Don’t get disheartened but find for part time jobs, full time jobs around. Getting started is the key really!