Today it was announced that the UK's jobless total is now edging steadily towards 2,000,000 and there is inevitably more to come (in fact there is already many more out of work after these figures were compiled). Woolworths will be closing making 100s of people unemployed at the worst possible time.
This means we have an unemployment rate of 6% which is pretty jarring.
Unemployment rates :
This is coming as a bit of a culture shock to the British economy because we've got pretty used to there being pretty much totally employment and so now the way the rug has been pulled from under the workforce will have long term problems.
