Unemployment

Official study says that Britons are happy even in the time of economic gloom, surprisingly unemployed people were also satisfied with their lives.

Tensions between the government and unions are at boiling point ahead of the November 30 strikes.

George Osborne, the Chancellor of the Exchequer, made alarming predictions as he admitted that the estimates he made just eight months ago were in tatters.

As storm clouds gather over Westminster today, the deputy prime minister, Nick Clegg, has called for “people to come together” prior to the autumn statement today and the union strikes tomorrow.

The UK is on the brink of a modest recession with months of slow growth, the OECD has warned

The Organisation for Economic Corporation and Development (OECD) has warned that the Eurozone must integrate its fiscal policy or face the possibility of a breakup, with Britain heading for a double-dip recession.

Chancellor George Osborne is set to present a new set of forecasts which are likely to show a sharp decline in growth.

Charities are struggling to cope with increasing numbers of people hit by a combination of government cuts on welfare benefits, rising unemployment and spiralling food and fuel prices.

International Business Times UK looks at who is striking on November 30, why, and how much it will affect Britain.

Bankers should pay for a jobs subsidy for unemployed young, according to Labour.

The opposition has dubbed the three-year scheme as a wrong strategy.

The Labour Party has asked 10,000 activists to campaign for its new "plan for jobs".

Net migration hit an all-time of 252,000 in 2010, the Office of National Statistics reported today.

The Centre for Cities report highlights the need to revamp the education system.

A “bunged-up” Labour leader put the Prime Minister under pressure over the state of youth unemployment during a feisty PMQs session in the House of Commons.

Much speculation has been made about the possibility of the popular protests in Syria disintegrating into an Iraq-style sectarian conflict. The IBTimes presents an analysis of the various arguments on either side.

The company blames stringent emission policies of the EU environment legislation for the decision.

Unions raise fears of a boiler breakdown during winter as the cuts will mostly reflect on the company's service arm.

Jobless figures for those in the 16 to 24 year-old category have pushed youth unemployment to1.02million prompting calls for extra support services.

Growth for 2011 and 2012 will only be no more than 1 per cent says the Bank of England.

The Institute for Public Policy Research (IPPR) has suggested that the fact that youth unemployment figures have touched one million is evidence that the government's apprenticeship schemes are not helping enough young people.

As the turmoil in the eurozone continues unabated, the British job market is due to suffer a "slow, painful contraction" in the coming months as firms are in no mood to hire new staff, a new study has warned.

The current economic slowdown has created huge regional economic disparities in Britain with Wales, West Midlands and Yorkshire facing the worst, reports Pricewaterhouse Coopers. Though the unemployment rate and other growth indicators are negative for London, the city has fared better compared to the other regions.

The Confederation of British Industry on Wednesday urged Chancellor George Osborne to continue austerity measures to safeguard Britain’s prestigious AAA credit rating. The leading business lobbying group also slashed its GDP projections.

The UK jobs front continues to be grim, even as a Trades Union Congress (TUC) report, published on Tuesday, has shown that unemployment figures rose 97 percent in local council areas over the past year.

Recessions have shaken the world economy in more than once and each time the world has come out of it at different pace. The world can still breathe easy as the gravity of the current recession, in terms of its recovery period, has not yet surpassed the Great Depression of 1930.

The UK has a 70 per cent chance of a double dip recession should Greece decide to leave the eurozone and subsequently default its debts, a thinktank has said.

Economic growth in the UK is expected to held back in 2012, despite a possible solution the Eurozone crisis, according to a report by the National Institute of Economic and Social Research (NIESR).

An independent research report published by the Cabinet office has revealed the independent motivation behind the riots.

Nations across the world have cheered the seven billionth babies into the world with much excitement. However, the ageing population is a cause of worry for some of them and they are turning no stones unturned to deal with the problem.