The number of people in work in the UK fell by 220,000 in
the last quarter
the last quarter
Despite billions spent on the job retention ‘furlough’
scheme, UK employment dropped by the largest amount in over a decade between
April and June, ONS figures show.
scheme, UK employment dropped by the largest amount in over a decade between
April and June, ONS figures show.
Due to the coronavirus lockdown, the number of people recorded
as ‘in work’ fell by 220,000 on the quarter, according to the Office for National
Statistics.
as ‘in work’ fell by 220,000 on the quarter, according to the Office for National
Statistics.
Before the lockdown, the UK had recorded the highest number
of people in work and looked forward to a strong recovery following ten years
of post-2008 recession austerity.
of people in work and looked forward to a strong recovery following ten years
of post-2008 recession austerity.
The numbers of unemployment benefits claimants rose sharply
from just over 1 million to 2.7 million in the first six months of this year.
from just over 1 million to 2.7 million in the first six months of this year.
More bad news for UK jobs is on the way with one in three UK
employers planning further redundancies, which are up fivefold on last year.
employers planning further redundancies, which are up fivefold on last year.
1.
One in three UK employers plan more
redundancies
One in three UK employers plan more
redundancies
2.
Redundancies soar fivefold despite
furlough scheme
Redundancies soar fivefold despite
furlough scheme
3.
Unemployment to double 7.5% and economy
slump 9.5%
Unemployment to double 7.5% and economy
slump 9.5%
4.
Half as many jobs are being advertised
compared to 2019
Half as many jobs are being advertised
compared to 2019
5.
Base rate held at 0.1%, interest rates to
stay low for 5 years
Base rate held at 0.1%, interest rates to
stay low for 5 years
6.
Lenders not passing on rate cuts and mortgage
rates going up!
Lenders not passing on rate cuts and mortgage
rates going up!
7.
The end of furlough sees millions more unemployed
this autumn
The end of furlough sees millions more unemployed
this autumn
8.
UK house prices reached a new all-time
high in July as buyers return
UK house prices reached a new all-time
high in July as buyers return
9.
UK property prices jumped by 3% since June
following stamp duty cut
UK property prices jumped by 3% since June
following stamp duty cut
12. You
can create a second income during the lockdown…and come out stronger
can create a second income during the lockdown…and come out stronger
Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
Would you like to get into
property but don’t have much cash?
property but don’t have much cash?
Some friends of mine are running a special ‘no
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9th - 12th August
NO
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19:00
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4
Day No Money Down Event - Webinar description:
Day No Money Down Event - Webinar description:
4 Evenings. 4 Strategies. Endless Opportunities. The current
turbulence we are going through is affecting almost everyone, especially when
it comes to finances and job security, perhaps that's you too?
turbulence we are going through is affecting almost everyone, especially when
it comes to finances and job security, perhaps that's you too?
But what if there was a way to secure your future income,
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sack the boss and escape the 9-5?
How is this possible?
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business investing for 4 evening web classes to show you all the opportunities
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Right now, we understand that risks aren't something that
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These strategies can provide a ‘win win’ for both parties
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Join here - https://bit.ly/3gwDvi9
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