Wednesday 13 October 2010

Unemployment falls - but for how long? And JSA up...

BBC link highlighting that overall unemployment had fallen but those claiming jobseekers allowance had gone up (those not claiming it includes students, people unable to claim because of savings etc). I've said 'for how long' in the title though, "Many economists fear unemployment will rise later in the year when government cuts begin to kick in. A report by accountants PwC predicts that cuts in public sector spending will have the knock-on effect of about 500,000 job losses in the private sector."

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