Skip to main content

Financial Times:
Joblessness peak set to near 3m

2 January 2009

Economic Outlook 2009. Unemployment is likely to rise to near 3m, adding 1m people to dole queues and returning the country to a position not seen since the early 1990s. Tim Leunig of the London School of Economics said: "People aged over 50 who lose their job may well not get another one, and certainly not one on their current wage rates."

This article appeared in the Finanical Times on the 2nd January 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage