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A quarter of women have been unemployed for more than a year

More than a quarter of women unemployed in the UK have been out of work for more than a year, according to analysis of official statistics by think tank IPPR – and this isn’t including maternity leavers.

20110808-083435.jpgLatest figures reveal that more than 260,000 women have been unemployed for more than 12 months. While one would assume that it is just down to the recession, when looking at the fact that total unemployment numbers have slightly fallen over the last year to 2.45 million, the number of unemployed women has risen to 1.026 million.

Women’s position in the labour market is becoming increasingly insecure, with more than 40 per cent of redundancies in the last quarter being among women – an increase of more than 30 per cent.

If you are employed now, it is essential that you start looking at a second income stream – multiple income streams are a must today, now more than ever.