Live register figures spur warning over economy

THE Government has been warned that if it does not respond to the economic crisis, it will only lengthen and deepen the recession.

Bloxham Stockbrokers issued the warning on the back of the latest live register figures, which showed the number of people signing on at the live register now stands at 235,100.

The figures released by the Central Statistics Office showed the rate of unemployment growth is increasing as, in the year to August 2008, there was an unadjusted increase of 73,178 (42%) compared with an unadjusted increase of 63,647 (36.5%) in the year to July 2008.