U.K. Unemployment reaches 1 Million

Panda wrote:

Badboy wrote:THERE IS PREDICTED TO BE PERHAPS 3,000 SHOPS CLOSURES BETWEEN NOW AND MARCH COSTING 30,000 JOBS.

HI Badboy, yes the situation is dire, just when Britiain is hosting the Olympic Games. What will London look like is many shops are boarded up by then?

IT IS BEING SAID BY LORD COE THAT IT THINKS IT WILL BOOST THE ECONOMY(OR INFERS IT WILL)BUT IT BEING SAID THAT BECAUSE MOST PEOPLE VISTING OLYMPICS SIMPLY VISIT OLYMPICS,BUT DON'T VISIT TOURIST ATTRACTIONS OR RESTAURANTS ETC,IT WON'T REALLY BOOST THE ECONOMY,ALSO LOTS OF PEOPLE WILL STAY AT HOME WATCHING OLYMPICS,NOT GOING TO SHOPS SPENDING MONEY.
HOSTING OLYMPICS MAY ACTUALLY BE AN ECOMONIC CURSE,GREECE IS STILL PAYING THE COST OF HOSTING THEIR OLYMPICS WHEN THEY HAVE LOTS OF DEBTS.

Panda wrote:

Badboy wrote:IT WAS SAYING IN THE GUARDIAN TODAY THAT THE GOVERNMENT IS CUTTING BACK ON CONNEXIONS AND OTHER SERVICES THAT ADVISE SCHOOL LEAVERS/YOUNG PEOPLE ON CAREER CHOICES,INSTEAD THEY ARE TELLING SUCH PEOPLE TO GO ON A WEBSITE,THEY ARE ALSO CUTTING BACK ON LITERACY ETC CLASSES THAT COULD IMPROVE JOB PROSPECTS.

Literacy classes should never be a Government project, the Schools should be holding Evening classes for failing to teach basic education while the
pupils are still in school.!!!

Several U.S.Banks shares have gone down today, 100 to 120 Sears Stores are closing down so maybe the US upturn was just a blip.

I SOMETIMES WONDER IF AT THE RATE THE SCHOOLLS ARE TURNING OUT UNEMPOLYABLE/ILLITERATE SCHOOL LEAVERS,I MIGHT BE LAST PERSON STANDIN ABLE TO MORE OR LESS THE LAST PERSON ABLE TO READ AND WRITE.(I AM DISABLED)

IT IS BEING SAID THAT IN 2012,THERE WILL BE MORE RETAIL COMPLANIES GOING BUST THAN IN 2008,PERHAPS 400 RETAIL COMPANIES MIGHT GO BANKRUPT IN 2012.
23 PEOPLE ARE CHASING EVERY JOB ON AVERAGE.

PAST TIMES MIGHT CLOSE,HAWKINS BAZAAR(NEVER HEARD OF THEM) ARE IN TROUBLE.

NEXT WEEK,SEVERAL COMPANIES ARE GOING TO ANNOUNCE THEIR PROFITS,SEE HOW GOOD OR BADLY SOME COMPANIES ARE DOING(THORNTONS/HMV/ARGOS/JOHN LEWIS/WHSMITHS,I BELIEVE ARE SOME OF THE COMPANIES GOING TO ANNOUNCE THEIR PROFITS)

ACCORDING TO SUNDAY TIMES,SEVERAL RETAILERS HAVE FAILED TO PAY THEIR RENTS ON BOXING DAY.
COULD UNEMPLOYEMENT REACH ALMOST 3 MILLION THIS YEAR?

COMPANY WATCH PREDICTS 27,000 INSOLVENCIES THIS YEAR.
DIXONS AND ARGOS ARE HAVING TROUBLE.

retail trouble has even reached jersey.

IT IS NOW 2.7 MILLION
1 IN 5 UNDER 25S ARE UNEMPLOYED.