Wednesday 26 January 2011
Graduate unemployment at highest for over a decade
Figures released by The Office of National Statistics (ONS) show that ONE in FIVE university leavers who entered the labour market failed to find a job last year. Graduate unemployment is now at its highest level since 1995. While unemployment in the UK has risen from 5.2% to 7.9%, graduate unemployment - graduates available and looking for work but who can't get a job - has risen from 10.6% to 20%.
Tuesday 25 January 2011
UK economy suffers shock contraction
Tuesday 18 January 2011
Economics
Pressure mounted on the Bank of England to raise interest rates as inflation in December jumped from 3.3% to 3.7%, fuelled by an increase in the cost of air travel, fuel, utility bills and food costs.
The recent VAT increase from 17.5% to 20% raises the prospect of a further rise.
For further information on economics stories, click on either the Higher Economics or Interemediate Economics pages of the blog.
Wednesday 5 January 2011
The winners and losers on the High Street this Christmas
With the twin problems of terrible weather and the coalition's austerity cuts starting to bite, it has been a tough festive period for High Street retailers. Below is a link to a really cool interactive Monopoly board which shows the winners and losers as their Christmas results are announced this month.
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