How The Financial Crisis Will Hit The Rest Of Us
We’ve seen enough front page photos of traders slapping their face in horror at the chaos in the markets (as if we care). The question is, when do we get to see Joe The Plumber with hand pressed against forehead in worry? The Independent has an interesting piece on the impact the financial crisis will have on families. Although it has a UK focus, we’re sure much of it can be applied elsewhere. Here are some of the key points:
Jobs Unemployment is at its highest level for nearly a decade, with a thousand people losing their jobs every day. By next year it is likely to reach three million, which will mean one in 12 people out of work.