In November … 17.6% of the workforce, were either unemployed (1,199,000) or under-employed (1,100,000).
By themselves, unemployment figures are deceptive, just part of a bigger iceberg.
The government rarely acknowledges underemployment levels (typically part time workers who cant get enough hours and people forced into part time work) because they are higher than in many other OECD countries .
From an OECD report 2014
It is interesting that at face value, the Eurozone have less of their workforce “without enough work”