Sunday, May 25, 2008


1,200 people a day to lose their jobs in Britain

Economists predict that more than 1,200 people a day will lose their jobs over the next 18 months. Vicky Redwood, UK economist at Capital Economics, warned: 'The risk of a vicious circle of falling house prices and rising unemployment is growing by the day.'
She predicts that unemployment will hit 2.3m by the end of next year. That will be the highest level since 1996, when the Tories were still in power.
http://www.thisismoney.co.uk/news/article.html?in_article_id=441994&in_page_id=2

More links to the depressing outlook:

http://www.marketoracle.co.uk/Article4819.html

http://www.thisismoney.co.uk/news/article.html?in_article_id=441994&in_page_id=2

http://financialadvice.co.uk/news/9/property/6753/House-Builders-Move-To-Cut-Costs.html

4 comments:

Anonymous said...

While Britain burns, Griffin, fiddles...

Sir Henry Morgan said...

And what would the unemployment figures be if they were still counted the same way they were in 1979? 8million? 10?

Thatcher alone changed they counting critera 32 times - 31 of those had the effect of reducing the numbers without reducing the actualité.

Then add in all the make-work non-jobs. Now what is the real total?

Anonymous said...

Why can't griffin be one of the
1,200 ?

Anonymous said...

In reality, unemployment is probably 10,000,000 and rising. The've been fiddling the population figures for a long time too. The real population of this country is probably 100,000,000.

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