Job­less to hit 2.85m

Midweek Sport - - SPORT -

UN­EM­PLOY­MENT will hit 2.85mil­lion in 2012, while the num­ber of peo­ple in work will fall by 120,000 as jobs con­tinue to be lost in the pub­lic sec­tor, a new re­port pre­dicts.

The Char­tered In­sti­tute of Per­son­nel and De­vel­op­ment fore­cast that the job­less to­tal will reach its high­est since 1994, adding that it will peak at 2.9 mil­lion in the first half of 2013.

Long-term job­less – those out of work for over a year – and the youth job­less to­tal, are ex­pected to stay just un­der a mil­lion.

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