Rising unemployment is one of the harsh realities facing the new government

As the real business of governing the UK begins to wind up again, the latest employment figures will do little to cheer the incoming government as it prepares to put chalk marks on where deep public sector cuts will be made.

The overall figures showed the rise of unemployment continuing above the 2.5 million mark. But equally as worrying is the swelling number of part-time workers that is hiding a bubble of underemployment.

Over the first quarter of this year the UK economy lost 103,000 full-time jobs and gained 27,000 part-time jobs. And the survey results show that most of these were taken reluctantly by those who would rather be working full-time.

This article continues at Brian Green's blog