Last month, President Obama unveiled the American Jobs Act: a $447 billion package
of proposed tax cuts and spending plans, designed to create jobs and
reboot economic growth.
Measures to stimulate job creation may also be required in the UK, if latest unemployment data from ONS is anything to go on:
Measures to stimulate job creation may also be required in the UK, if latest unemployment data from ONS is anything to go on:
- The private sector is failing to replace jobs lost in the public sector, ONS reports. Public sector employment fell by 111,000 over the three months to June 2011, while private sector employment rose by 41,000 over the same period.
- The headline unemployment rate (on the ILO definition) rose to 7.9%, while the youth unemployment rate hit 20.8%.
| Tweet |
|
| Permalink | Email this |
