June 09 unemployment rate: 6%

6% aye.  Higher than market expectations.  Pretty inline with what we suspected here.

After 18 months of recession the unemployment rate had to be higher, it just wasn’t making sense.  Now it is.

More details to come methinks.

5 replies
  1. San diego fixer
    San diego fixer says:

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  2. Franchises UK
    Franchises UK says:

    A familiar story all round I think. In the UK things are pretty much the same with unemployment rate now up to 7.6% which is up by 2.4% from January. Bleak all round I’m afraid.


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