Thursday, July 16, 2020

Unemployment in the UK on the rise due to COVID - 19 - COVID - 19 Update 1 - Economic


Lets Get Real:

The REAL damage to the economy will come at the end of August and October, the furlough scheme will come to an end, one has to ask how many millions supported by the scheme will return work, one can assume and even predict that most if not all will be out of work.  The service industry has been hit HARD by COVID - 19.  If there is 2nd wave in December and January the UK economy could be FORCED to close again, that would be a disaster beyond measure.   Also the UK Government is not helping itself by bringing back sanctions on those that don't follow ALL the rules of when your out of work, that will cause misery for those seeking a job, also added stress.   Also there is Brexit COMING on December 31st, the UK will economy will be under a lot of stress. 

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