Guernsey unemployment levels equal 15-year high

Go down

Guernsey unemployment levels equal 15-year high

Post by GD on Thu 21 Feb 2013, 5:11 pm

Unemployment levels equalled a 15-year high in January, according to figures from Guernsey's Social Security Department.

A total of 435 were registered out of work at the end of month, a rise of 35 compared with a year earlier.

This equals the number unemployed in June and is three more than in April.

There has been a upward trend in unemployment since November 2011, which coincides with the announcement of the end of tax relief on exports to the UK.

The end of Low Value Consignment Relief, which allowed goods valued under 15 to be sent VAT free, has led to a number of businesses leaving the island or reducing in size.

The department said the figures meant 1.3% of the working population was unemployed.

In Alderney 16 people were registered as unemployed.

......THE BOSS......

"Always be yourself because the people who mind don't matter, and the people who matter don't mind"


Number of posts : 10122
Location : Channel Islands
Job/hobbies : Website
Humor : Anything that makes me laugh
Registration date : 2008-03-06

Back to top Go down

Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum