News latest:
- Bankers Get Pay Rises, 99% get None in April.
- Jobless Update - New Jobless Claims Dissapointing
- Jobless Rates At The Lowest in Over 3 years, Disapointing Job Growth
- Conservatives have a Point. Lets Return to the Good Old Days
- The 1% - Who Are They?
- Why Germany's economy is doing so well
- Unemployment insurance benefits increase job-search activities
- Drug Test The Jobless
- Stacy Mitchell: Another Shocking Fact About the Walmart Heirs
- My Occupy LA Arrest, by Patrick Meighan
- Prosecuting Wall Street
- The Overlooked Millions Inside Those Job Numbers
Apropos Quote: The most formidable weapon against errors of every kind is reason. - Thomas Paine
Thursday, 22 July 2010 09:26
Last Updated on Tuesday, 31 August 2010 22:39
Meanwhile across the pond, an economist in London predicts tougher times ahead for Britain.
The Independent: Economy set for triple whammy, admits Bank chief
- Senior economist warns of deteriorating outlook
- Growth prospects hit hard by Osborne Budget
- Unemployment and inflation likely to soar
The British economy faces a triple whammy of higher inflation, lower growth and rising unemployment, according to one of the Bank of England's most senior policy makers. Living standards over the next few years will rise only "minimally".
In an interview with The Independent, the Bank's chief economist, Spencer Dale, said that he did not expect inflation to return to its 2 per cent official target before the end of next year, about a year later than previously hoped, partly because of the hike in VAT to 20 per cent from January announced in the Budget.
Latest Comments
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I was approved for eb which would have been my final 20 weeks I am seeking as have been any employment. it is sad when you can't even get the minimum paying jobs ...
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I live in Texas and have just had my Tier IV benefits (13 weeks) "triggered off" as of May 12th. Everyone that I know is unemployed. I don't know where the state ...
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There is also another company who has had their name stolen, Hostmonster INC, a legit web-hosting company has had their name stolen. They are the newest victims ...
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Walker in WI can twist the numbers however he likes-but the reality is this...since walker's coming into office, over 30,000 WI jobs have been lost--and now ...
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..so i called Colorado unemployment and they said "Yes" for Federal Extended benefits...i will let you know..
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