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Up to 193,000 jobs to go as Scotland faces worst recessions since before WWII. In its latest survey of the Scottish economy, the University of Strathclyde’s Fraser of Allander Institute said the downturn could be more severe than the 1980s recession.
Unemployment could increase from 5.1 per cent in 2008, when the recession started, to 8.5 per cent in 2011, by which time the economy is predicted to be growing again. read more at http://www.telegraph.co.uk/news/newstopics/politics/scotland/4806237/Up-to-193000-jobs-to-go-as-Scotland-faces-worst-recessions-since-before-WWII.html
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