Unit 2: Unemployment on the rise in the UK

Today come the worst unemployment figures for 17 years......... and the indication that the worse is yet to come. Lots of resources explain why

http://news.bbc.co.uk/1/hi/business/7670800.stm Jobless at 17 year high
http://news.bbc.co.uk/1/hi/business/7672198.stm How bad will it get?
http://news.bbc.co.uk/1/hi/world/asia-pacific/7672590.stm Video
http://news.bbc.co.uk/1/hi/world/south_asia/7672566.stm Video
http://news.bbc.co.uk/1/hi/business/7670909.stm BBC video
http://link.brightcove.com/services/player/bcpid1184614595?bctid=1859014778 Ch 4 video

a) What 2 measures are used to record unemployment?
b) What is the difference betwen the 2 measures?
c) Why has unemployment risen?
d) Why might there be much more unemployment to come in the months ahead?

An interesting analysis, including a powerpoint, comes from the tutor2u blog

http://www.tutor2u.net/blog/index.php/economics/contraction-in-employment-is-what-matters/#When:18:39:00Z