As the UK officially goes into the worst recession in decades - economy shrinks by 20% April to June – some sectors of the job market are recovering.
The numbers of unemployment benefits claimants rose sharply from just over 1 million to 2.7 million in the first six months of this year.
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Jobs demand picks up with more vacancies
Debt collectors near top of job vacancy list
Retail sales grew in July and GDP rose 8.7%
Third of UK employers plan further job cuts
UK economy shrinks by 20% April to June 2020
UK is officially in recession after successive GDP falls
One in three UK employers plan more redundancies
Redundancies soar fivefold despite furlough scheme
Unemployment to double 7.5% and economy slump 9.5%
Half as many jobs are being advertised compared to 2019
Base rate held at 0.1%, interest rates to stay low for 5 years
Lenders not passing on rate cuts and mortgage rates going up!
The end of furlough sees millions more unemployed this autumn
UK house prices reached a new all-time high in July as buyers return
UK property prices jumped by 3% since June following stamp duty cut
Why UK Property prices rising after stamp duty cut, despite the downturn?
New planning rules will open up more opportunities to make money in property
You can create a second income during the lockdown…and come out stronger
Learn how to make money from property without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
