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Long-Term Unemployment Hits High

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http://www.bbc.co.uk/news/business-13498998

The number of people unemployed for more than a year has reached its highest level since 1997, according to a report.

The IPPR political think tank's analysis of official data suggested there were now 850,000 people who had been jobless for at least 12 months.

The total had been taken to "worryingly high" levels, the IPPR said.

The government said it was introducing schemes such as the Work Programme to try to tackle long-term unemployment.

The IPPR report said the rate of long-term unemployment began to rise sharply from the start of 2009, having fallen significantly during the late 1990s and the rest of the 2000s.

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hardly surprising - we have just come out of a massive recession.

those who lost their jobs in 2009/2010 will be coming up to one year out of work.

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hardly surprising - we have just come out of a massive recession.

those who lost their jobs in 2009/2010 will be coming up to one year out of work.

Come out? We're still in it!

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we have just come out of a massive recession.

What?

Sure, the gubmint calls a recession two successive quarters of negative GDP.

Since when do you believe anything that comes out of Westminster?

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hardly surprising - we have just come out of a massive recession

Only on paper (positive GDP).

I'm sure I remember reading that the US in 1934 had 4 positive quarters of growth. This was during the midpoint of the Great Depression.

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Only on paper (positive GDP).

I'm sure I remember reading that the US in 1934 had 4 positive quarters of growth. This was during the midpoint of the Great Depression.

Shh, quiet. People might start asking questions about the sustainability of the 'recovery'

Obviously, what is needed is another war. Thankfully our leaders are already planning for this.

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  • 311 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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