More Unemployment

Latest unemployment figures show that 1.82 million people are out of work which is an increase of 140 000 in the three months to September. This is the highest figure since 1997 and is predicted to rise even further. Yesterday, several large companies such as Virgin Media, Yell, GlaxoSmithKline announced job losses totaling 5000 not yet included in the unemployment figures. The economy is shrinking and Brown’s claim of ending boom and bust looks sillier by the day.

One Response to More Unemployment

  1. UK Voter says:

    I know this is not something that we can expect from politicians, but the public need honesty here and now, how else are they going to be able to plan? In my view this is going to be a long and nasty recession and the outlook on the other side remains uncertain given there are no ‘new’ industries to pull us out the other end.

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