Comment on General Election 2010 Poll Results by VoteNo ToBNP.

“You’re right, unemployment is not currently 4m. Unemployment is currently 3 million, but is expected to reach 4 million.”

Actually that’s still wrong it’s currently 2.5 million and expected to reach 2.8 (which is a downward revision) by the CIPD.

The Chartered Institute of Personnel and Development (CIPD) have today issued a revised forecast regarding unemployment in UK with a suggestion it could peek at 2.8 million in 2010. While an increase from the current 2.5 million to 2.8 million would obviously be unwelcome, it is a sharp reduction in the Institute’s initial forecast of 3.2 million peak. So is the UK economy recovering quicker than many had expected?

Source: http://www.financialadvice.co.uk/news/12/ukeconomy/13226/Will-unemployment-peak-at-28-million.html

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