In a year in which the US stock market has plummeted and the world is still in the midst of an economic crisis, the news that people in the UK have been struggling to find work is not particularly surprising.
However, in 2017, the British government announced that it had cut its unemployment benefit to its lowest level since 1999, meaning that millions of people in Britain are now living with an increasingly precarious existence.
And for the first time since 1996, unemployment benefits have been cut in half in England, Wales and Northern Ireland.
In the last year, unemployment in England has fallen by almost half.
In Wales, it has fallen almost 80%.
In Northern Ireland, it’s fallen by 40%.
In the US, it dropped by 50%.
In England, it fell by 80%.
And it seems that those people who are feeling the most depressed are also the ones who are struggling the most.
“In 2017, we’ve had more than 1.3 million unemployed people in England and Wales, almost half of all unemployed people.
That’s the highest since 1999,” says David Sacks, an economist at the Centre for Economic Performance at the University of Oxford.
But what’s happening to the UK economy?
The economy has been contracting, but in the past few months there has been some improvement.
According to official statistics, the economy contracted by 1.1% in the quarter ended on December 31.
And while unemployment rates in the United Kingdom have been falling since early 2017, it was the sharpest decline since 1996.
It’s the sharpness of the fall in unemployment that has led to fears that the economy has collapsed, says Sacks.
As the chart above shows, the recession is much sharper in England than in Wales and Scotland, and in Northern Ireland the sharp fall in the number of people unemployed was less pronounced.
So what’s going on?
The reason why there is such a sharp fall is because the UK is experiencing its longest recession since the Great Depression.
There are three main reasons for the fall.
The first is that the government is slashing its welfare benefits, which is known as welfare inflation.
This means that people have to spend more to cover the cost of housing and other essentials, so that they have to put a larger amount of money into the economy than they did in previous years.
In England, the welfare inflation rate was 0.8% in December, according to official data.
Secondly, the UK’s economic recovery has been uneven.
A recent report by the Office for National Statistics found that the unemployment rate was still much higher than it was in 2007, and was at 4.3% in January.
Thirdly, and most important, the Great Recession has been a huge drag on the UK economic recovery.
When the recession began in the late 1980s, it created millions of jobs.
Since the early 2000s, though, it seems like every job created has taken a backseat to a massive fall in demand.
This has led the British economy to contract and slow.
Today, the unemployment number is around 10.4% in England.
That’s slightly above the peak of 10.6% in 2007.
During the downturn, the number fell to 7.9% in June 2016, which was the lowest level in the postwar period.
The UK economy has bounced back from this slump, but the recession has not been smooth.
Over the past 12 months, the recovery has slowed to a crawl.
Despite the unemployment numbers falling, the government’s official inflation rate has risen to 2.9%, and it has increased the amount of public spending in the economy to nearly £2 trillion ($3.4 trillion).
But this austerity has not brought a huge increase in the pay of ordinary people, and it’s hard to see why.
Sacks argues that this is because “the austerity measures that have been imposed have been unpopular in the public mind.”
It is also because the government does not think that the welfare cuts it has imposed are the solution to the problem.
They argue that if it had more time to respond to the recession, the benefits would have been more generous.
What is the government doing about this?
It has announced that there will be an immediate freeze on welfare payments to people on benefits.
Its also announced that the National Living Wage will be raised to £10 by 2020.
These measures, which are meant to help those struggling to pay their rent, utilities and bills, are the government response to the Great Bull Moose.
Although the Bull Moose is a myth, it does have some impact on people’s lives.
Research shows that people are more likely to stay at home if they are paid less.
Furthermore, studies have shown that people who do not receive public assistance