Sunday, May 14, 2006

What's happening with the Economy?

Observer: Markets booming, but jobs disappear

Recent rises in the number of people out of work have got economists worried - and some blame the UK's woes on the influx of east European workers, writes Heather Stewart.

In the sunny Square Mile last week, as Mervyn King delivered his latest thoughts on the state of the economy, there seemed to be plenty of reasons for optimism. Retailers had a happy Easter; the house price crash hasn't (yet) come to pass; and even manufacturers are feeling more cheerful than usual.

Posted by jason @ 02:08 PM (619 views)
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