Financial Times FT.com

Unemployment expected to reach 12-year high

By Andrew Taylor, Employment Correspondent

Published: February 9 2009 02:00 | Last updated: February 9 2009 02:00

Official figures are expected to reveal on Wednesday that the total number of unemployed people topped 2m at the end of last year, the highest figure since Labour came to power in 1997.

The number of jobless had climbed to 1.92m in the three months to the end of November and is expected to rise more steeply in the first half of this year following a spate of redundancies since Christmas.

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