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Podcast: Beyond Currency
Episode: 26 January 2021 - Unemployment to rise back above 5%
Description: "Today’s employment report is unlikely to make pleasant reading. Forward projections expect the rate to top out close to 7% as the Pandemic will continue to hit business output for several months to come. Today's data is expected to see the rate climb above 5% although the claimant count may fall marginally from November’s high figure of 65k.
This Government, which had been elected barely a single quarter before the Pandemic hit has faced several issues in trying to deal with both the social and economic fallout, has faced the additional irritants of an opposition that has no chance of comi...