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PPI Claims: High unemployment 'will continue'

PPI claims could become important to people as financial difficulties continue to bite.

The Trades Union Congress (TUC) has said the latest unemployment figures show that the UK is now in a "state-sponsored" crisis.

Many areas of the country now have a situation where the number of jobseeker claimants far outweighs the number of jobs available, it stated.

Haringey is the worst affected by the crisis, as the borough now has 10,602 people unemployed, yet only 412 vacancies.

The TUC's general secretary Brendan Barber called the figures terrible and said the government's austerity measures must take the blame.

He stated the economic crisis is not just impacting on those out of work, as even people with jobs are being hit by wage rises that have shrunk to 1.8 per cent.

Katja Hall, chief policy director at the Confederation of British Industry, believes the unemployment statistics make "grim reading".

Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.ADNFCR-2776-ID-800757618-ADNFCR

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