
UNIONS hit out at an “epidemic of insecure work” as the economic fallout from the Iran war was revealed for the first time today.
Youth unemployment has risen to its highest rate in more than a decade with one in seven (14.7 per cent) 16 to 24-year-olds looking for work.
Zero-hours contracts have hit a record high of 1.23 million — up 65,000 on the year.
The first official statistics since the war broke out in late February also showed job vacancies down to their lowest level for 11 years outside of the pandemic. They fell by 28,000 to 705,000 in the three months ending in March.
Youngsters looking for their first job face a fiercely competitive jobs market with 22.7 per cent now out of work for more than a year, the Office for National Statistics (ONS) found.
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TUC general secretary Paul Nowak said: “The ongoing economic fallout from Donald Trump’s illegal war in Iran risks dashing hopes of a stabilising jobs market.
“There is an epidemic of insecure work in this country.
“That’s why the government needs to deliver on its promise to give all workers a right to a contract which reflects their regular hours and end the scourge of insecure work for good.”
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