According to the latest forecast from the Chartered Institute of Personnel and Development, unemployment will rise to 2.8 million in 2010, Dr John Philpott, chief economic adviser to the CIPD, said it was a “remarkable outcome” that unemployment had not taken off further, given the scale of the downturn.

However, it is in fact unremarkable, the action taken by this Government over the last year has ensured that unemployment would not rise above the 3 million mark unlike in the two previous recessions. He then warned unemployment could also rise higher if …the government imposed deeper spending cuts, blatantly showing that not only do the rest of the political world agrees with out actions, but so do most independant organisations, placing one particlar party in the corner, no guesses who.

Max