Summary
HOUSEHOLDS face a bleak two years, with 1.4 million jobs likely to be lost by the end of 2010 and pay levels stagnant, according to an influential forecast due out tomorrow.
Though the outlook for companies is expected to brighten, individuals face job insecurity and downward pressure on their disposable income, according to independent forecaster the Item Club, which uses the Treasury's own computer model of the economy. Furthermore,See the full content of this document
Extract
Outlook Bleak for Workers [Edition 3]
Item fears a 'Whitehall farce' in 18 months' time when ...
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