24 UK Has Lost Two Million Jobs Since Recession A report by the Institute for Public Policy...

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24 UK Has Lost Two Million Jobs Since Recession A report by the Institute for Public Policy Research calculates that between 1.5 million and 2 million jobs need to be generated to return the UK from its current employment rate of 70.7 per cent to its pre-recession employment rate of 73 per cent.

Source: The Telegraph, 14 September 2011 a Based on the news clip, what might be the main source of increased unemployment?

b Based on the news clip, what might be the main type of unemployment that increased?

c What is the employment rate referred to in the news clip and how does the unemployment rate affect it?

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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