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Recession will hit UK hardest, says EC

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03 11 08 - 08:33
Britain will suffer a deeper recession than any other mature EU economy, with a contraction of 1% next year and only 0.4% growth in 2010, the European commission said today.

The EC's latest half-yearly forecast predicts UK unemployment will rise from 5.3% in 2007 to 7.1% in 2009 — which would bring the number out of work to about 2.25 million.
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Don't worry if you find yourself unemployed. It can be quite fun!

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"To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow; a poor player,
That struts and frets his hour upon the stage,
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.
"

From William Shakespeare's "Macbeth"