January 19, 2009

UK unemployment to hit 3.4 million

Filed under: UK,unemployment — 7macaw @ 12:18 pm
Tags: ,

The next year will see the sharpest contraction in the UK economy since the Second World War, the Ernst & Young Item club has predicted.

In its quarterly report on the state of the economy Item also predicted that unemployment will rise to 3.25m by the end of 2010 and hit 3.4 million in 2011.

Source: Accountancy Age

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