Monday, September 15, 2008

Prospect of Lower Interest Rates as Unemployment Soars

After falling for 15 years, unemployment has increased by 70,000 during 2008. A report published today shows the amount of permanent jobs available has fallen to its lowest level since 2001. Many also predict a rapid rise in unemployment towards 2 million - a figure last seen during the 1991 recession.This year, David Blanchflower has [...]

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[Source: Finance Blog]

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