UK unemployment to exceed 3 million mark

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UK unemployment to exceed 3 million mark

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01-19-2009, 11:47 AM

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UK unemployment to exceed 3 million mark

According to the Ernst & Young Item Club, unemployment in the UK is to rise to 3.4 million in 2011.The prediction comes from Ernst & Young’s quarterly report on the UK economy and is also forecasting that Gross Domestic Product will shrink by 2.7% this year, the sharpest contraction in over 60 years.Last October, the [...]

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