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Unemployment in the UK is Damaging

uk-unemploymentA report on the BBC website has outlined how unemployment in the UK could be doing some serious damage.

The unemployment rate in the UK is currently 8.3% but The National Institute of Economic and Social Research expect that figure to be 9% by the end of the year.

The Think Tank predicts that growth will be at 0% during 2012. Other recent figures show that the UK is back in recession, after the economy shrunk for the second quarter in a row.