Thursday, Aug 14, 2008
In 6 month time, it will be a Million
Guardian: Fastest rise in jobless since 1992 as King predicts bad year ahead
The claimant count level for July rose for the sixth month in a row by 20,100 to reach 864,700. This is far worse than even the USA. Why? Historical the number of claimant has been about 50% of unemployment. This means the increase in unemployment is probably about 40,000. The USA has a population of about 300 million and they are “only” losing about 50,000 - 60,000 job a month. The UK only has a population of 60 million. You do the math.
Posted by peter_2008 @ 10:16 AM (209 views) Add Comment
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