Budget 2010: Unemployment
The Office for Budget Responsibility’s supplementary budget document, and its pre-Budget forecast, show how unemployment has been revised upwards as a result of today’s announcements.
Claimant unemployment will rise 100,000 more than was previously forecast, and the ILO unemployment rate will be 0.2 percentage points higher than the pre-budget forecast predicted.
The full table is below:
| 2010 | 2011 | 2012 | 2013 | |
| Claimant count pre-budget (millions) | 1.50 | 1.40 | 1.30 | 1.20 |
| Claimant count post-budget (millions) | 1.50 | 1.50 | 1.40 | 1.30 |
| Difference | 0.00 | 0.10 | 0.10 | 0.10 |
| ILO pre-budget (rate) | 8.10 | 7.90 | 7.40 | 6.80 |
| ILO post-budget (rate) | 8.10 | 8.00 | 7.60 | 7.00 |
| Difference | 0.00 | 0.10 | 0.20 | 0.20 |
| Employment pre-budget (millions) | 28.80 | 29.00 | 29.30 | 29.60 |
| Employment post-budget (millions) | 28.80 | 28.90 | 29.20 | 29.50 |
| Difference | 0.00 | -0.10 | -0.10 | -0.10 |
john rogers
Jun 22nd 2010, 8:28 pm
thanks for all the info, its a great blog, will circulate
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