From the TUC

Concerning trends for younger and older workers

Nicola Smith

12 Nov 2008, by in Economics, Society & Welfare

Our initial analysis of this morning’s unemployment figures shows that a number of distrurbing trends are starting to emerge. Of particular concern is the increase in unemployment among young people, a 10 per cent quarterly increase compared to an 8.3 per cent increase among all economically active adults. Longer term unemployment is also increasing among the under…




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Unemployment figures tomorrow

Adam Lent
Guest

11 Nov 2008, by in Economic Reports, Economics

The latest unemployment figures will be published at 9.30am tomorrow (Wednesday).  Unfortunately they will almost certainly make for grim reading.  Richard and Nicola will aim to produce an immediate take on the figures by midday.  This will be posted on the blog under one or other of their names.  Following that, the first of the TUC’s monthly Recession Reports…




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US banks are no better

Nigel Stanley

06 Nov 2008, by in Economics

Now we have had such a bold interest rate cut, the pressure on banks to pass it on to business and mortgage paying customers will be immense. And they will need not just to cut the cost of existing loans, but also start lending again. Tax payers will want to know why the big bail…




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Interest rate cut: We was right!

Adam Lent
Guest

06 Nov 2008, by in Economics

This is a shamelessly self-satisfied post but check out this article from yesterday.  Only one organisation called for an interest rate cut of 1.5%. This has now turned out to be the Bank’s actual decision.  Modesty prevents me from naming that organisation.




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