Economists of Great Britain state that the unemployment rate will reach 3 million people in the country soon. This conclusion is caused by the fact that the job market has been in its most gloomy state for the last 3 years and business confidence has collapsed to a great degree. According to the latest research made by KPMG and the Recruitment and Employment Confederation, the figures of new jobs, both permanent and temporary, have reduced since July 2009.
According to the latest analyses held by Markit UK households feel safer about their financial situation rather than they did 2 years ago. Even regardless the last 5-months wages decrease the general situation looks optimistic. Earlier in June Market index marked the general fall in the household power when the amount of households which claimed about financial decrease made up 33% while 7% assured that their financial situation got better. At the present moment economical trends are changing for better. Now the Markit index mentions the balance of 37 which points out obvious improvements.