miércoles, 14 de octubre de 2009

Summary from a career-related article from The Guardian

Unemployment: what the experts say
In Guadian.co.uk, Wednesday 14 October 2009

This article deals with the current situation of how the economic recession has affected the employment, decreasing it in the last year. The unemployment past figure of 2.469 million of joblessness people, now is more optimist whit the current statistics figures that show a lees increase that which was expected, but, is that really a sign of hope for the unemployment issue?.
According to Howard Archer, chief UK and European economist at IHS Global Insight, gives a no so hopeful perspective of the situation, meanwhile the worst of the unemployment period has past, he expect that still having a way to rise, that because the economy does not have the strength to creates new jobs in a near time. Mr. Archer also explains that the youth unemployment could reach 1 million the coming year that because the school leavers are not finding job and the next school leavers will be in the same situation what probably will produce an increase in the youth unemployment if the authorities do not concern about it. About the same situation Martina Milburn, chief executive of the Prince's Trust, talks about the needing of support for the youth employment. She puts emphasize in the human cost that the recession has put on the youth people; she says that “Every one of those unemployed is a real person with real talents that can make a difference to this country”.
In the same hand of Mr. Archer, Colin Ellis, European economist at Daiwa Securities, explain that UK still in the “woods” and the unemployment could reach the amount of 3 million, mean this figure is lower that which was expected at the beginning of the recession, is enough high to believe in a real decrease of the unemployment, and if we plus the figures of the inflation, the situation is not so hopeful as we thought.
Summarizing the fact of a lower rising of the unemployment is a sign of the economy relieve, but in a lot of ways the recession is not over and the effects are over the table , the unemployment data is the main sign that the crisis has not left UK.



source: http://www.guardian.co.uk/business/2009/oct/14/unemployment-rise-september-economists-verdict

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