Summary
UNEMPLOYMENT will continue increasing until the end of next year, long after the economy has started to recover from the recession, a new report predicted today. The Trades Union Congress (TUC) said although some economists were saying that the end of the recession may be in sight, unemployment will carry on rising for many months even after the UK economy has begun to pick up.
Using official figures and comparing the current recession to the economic downturn of the early 1990s, the TUC predicted that the number of people losing their jobs will carry on increasing until at least the autumn of next year. The gloomy forecast came ahead of new figures tomorrow, which are expected to show another big increase in the jobless total.See the full content of this document
Extract
Gloomy jobs outlook ; Inbrief
Meanwhile, the new...
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