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unemployment

Businesses under threat as unemployment set to soar to 2.5million

Official figures are set to announce this week that the rate for unemployment has soared to around 2.5 million – 8 per cent of the UK’s workforce – the highest since 1996. According to city estimates, Labour market figures out on Wednesday, will show that the number of people without work totalled 2.5million in November. [...]

Public sector cuts in 2010 with unemployment and debt problems rising

Experts predict that public sector budgets will be cut and that the rate of unemployment will continue to rise throughout 2010, resulting in further debt problems for those affected. According to a report by the Chartered Institute of Personnel and Development (CIPD), unemployment will carry on increasing for the first few months of the New [...]