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Against the backdrop of the global economic downturn, employment of UK nationals fell by 483,000 between Q3 2007 and Q3 2009, and stands at 26.725 million in Q3 2009. UK nationals represent over 90% of those in employment.
The Government have invested significantly since the recession started to help those on out-of-work benefits get back to work, substantially increasing funding to Jobcentre Plus to enable it to expand its services to jobseekers and announcing a substantial package of new measures to provide people with extra support prior to redundancy, when they are newly unemployed, and at the six-month and 12-month points of their claim.
Overall, as a result of measures we have taken, the impact on the labour market has been less marked than in previous recessions. Between the three months to the end of May 2008 and the three months to end of October 2009, total employment is down by 637,000 (2.2 per cent), compared to a 1.1 million (4.2 per cent) fall over a similar period in the 1990s and 785,000 (3.1 per cent) in the 1980s.