UK unemployment may not reach its worst, but economic rebound will stall
by Phillip Inman from on (#6MSGR)
Failure to cut interest rates will take money out of the system, hitting businesses such as hospitality
The TUC boss, Paul Nowak, could be accused of exaggeration when he says the Tories are presiding over a rapidly deteriorating jobs market".
The UK has experienced many periods when unemployment has deteriorated more quickly and the number of people out of work reached greater peaks.
Continue reading...