How high will UK unemp go once furloughs end?
Optimists: In 1980s 5% fall in GDP -> unemp up 7% v. 2008 GDP down 6% v. unemp only 3 % up -> BofE: 2020 -5% GDP -> 3.5 unemp.
BUT 2020-shock to labour-intensive sectors, corporates stressed, BREXIT.
economist.com/britain/2020/0… https://t.co/WtUaQ0zULC
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…