Youth long-term unemployment rises by 874 per cent since 2000

There has been a huge increase in long-term youth unemployment since the year 2000, according to a new TUC analysis of official figures published today (Tuesday). The TUC findings – published ahead of the latest unemployment figures due to be released by the Office for National Statistics (ONS) tomorrow – show that in the last 12 years, the number of 18 to 24-year-olds who are out of work has risen by 78 per cent, while unemployment across all age groups has increased by 42 per cent.

G20 told voters want banks to put something back into the global economy

Support for a financial transactions tax (FTT) – often called the Robin Hood Tax – to make banks and financial institutions pay something back to society has the support of almost two-thirds of voters (63 per cent) in 13 countries around the world, according to a new global poll published by the International Trade Union Confederation (ITUC) today (Monday).

Reform of banking welcome but more must be done to get banks lending, says TUC

Responding to a white paper published by the government today (Thursday) setting out proposals to fundamentally reform the structure of banking in the UK, TUC General Secretary Brendan Barber said: “Today the government has provided welcome recognition of the need to make UK banking far safer, and to ringfence retail banking operations from riskier investment banks.

‘Moving goalposts won’t improve conditions for children on the breadline’, says TUC

Responding to the announcement by Work and Pensions Secretary Iain Duncan Smith today (Thursday) that the government plans to change the way child poverty is measured – just as new figures show the target of halving the number of children in poverty by 2010 has been missed – TUC General Secretary Brendan Barber said: “Today's figures show that the last government's investments made a huge difference to reducing child and pensioner poverty.

First international poll by global union reveals deep mistrust of economic decision makers

The first international public opinion polling commissioned by the International Trade Union Confederation (ITUC) – the Brussels-based global union representing 175 million union members across the world – shows deep uncertainty, fear and political disempowerment across half the G20 economies, six European countries and four emerging economies.