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Fact Finder: Unemployment in London


Did rising unemployment and poverty  coincide with the start of the recession? Tom MacInnes, Research Director at the New Policy Institute, unpacks the facts and suggests that job losses, unemployment and poverty started to rise years before the present recession although the recession inevitably made things worse. The economic failure, he argues, is as much, if not more, to do with the loss of manufacturing and industries then the financial sector’s flop. The truth is also laid bare about the chronic problem of youth unemployment; one which is yet to be resolved.

Recommended links:

  • City Parochial Foundations London’s Poverty Profile: website
  • New Policy Institute: website

Related topics: Economy, Social Change

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Carol said:

Quite an eye-opener!
Hadn’t realised just how many people are REALLY unemployed. The figures we are given are just the people claiming Job Seekers Allowance and doesn’t include the people who can’t claim any longer for one reason or another. Terrible.