It could take years to get unemployment in the Midlands back down to its pre-recession level, according to new analysis released by the TUC.
The study compared the rate unemployment rose between January 2008 and July 2012 with the rate it decreased from January to July of this year.
In the West Midlands the unemployment rate rose 3% from 6% to 9% between January 2008 and January 2012 and fell by a third of a percentage between January 2012 and July 2012.
In the East Midlands the unemployment rate increased 2.6% from 5.6% to 8.2% between January 2008 and January 2012 and fell by 0.4% between January 2012 and July 2012.
– Rob Johnston, TUC Midlands Regional Secretary
The long-term damage inflicted by the crash and the government’s ongoing economic mismanagement means that even if current rates of progress continue, it will take years for the West Midlands to get unemployment back down to pre-recession levels.
The TUC claims the research highlights the long-term effects of rising unemployment and exposes regional inequalities.