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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 9 July 2012 [View all]xchrom
(108,903 posts)27. UK on course for return to 3 million unemployed, new surveys reveal
http://www.guardian.co.uk/business/2012/jul/09/uk-set-for-3-million-unemployed

Musicians Miss Dynamite (fifth left) and Charlie Simpson (sixth left) join a line of unemployed people outside a London job centre as part of the Battlefront Campaign for jobs for young Britons. Photograph: Leon Neal/AFP/Getty Images
Britain faces the prospect of returning to the days of having 3 million unemployed after a trio of gloomy economic surveys showed the jobs market in its most depressed state for three years and business confidence collapsing.
The number of new permanent and temporary roles declined at the fastest rate since July 2009, the latest survey of recruitment consultants by the Recruitment and Employment Confederation (REC) and KPMG Report on Jobs shows.
The sudden slump has led the accountants to predict a return to levels of unemployment last seen in the early 1990s.
KPMG partner Bernard Brown said: "The latest recruitment data comes as a sobering reminder that we're far away from a confident economic situation.

Musicians Miss Dynamite (fifth left) and Charlie Simpson (sixth left) join a line of unemployed people outside a London job centre as part of the Battlefront Campaign for jobs for young Britons. Photograph: Leon Neal/AFP/Getty Images
Britain faces the prospect of returning to the days of having 3 million unemployed after a trio of gloomy economic surveys showed the jobs market in its most depressed state for three years and business confidence collapsing.
The number of new permanent and temporary roles declined at the fastest rate since July 2009, the latest survey of recruitment consultants by the Recruitment and Employment Confederation (REC) and KPMG Report on Jobs shows.
The sudden slump has led the accountants to predict a return to levels of unemployment last seen in the early 1990s.
KPMG partner Bernard Brown said: "The latest recruitment data comes as a sobering reminder that we're far away from a confident economic situation.
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