World News Jobless rate to hit record this year in richest economies, says OECD The average unemployment rate across the OECD is forecast to reach 9.4 per cent at the end of 2020, and remain stubbornly high at 7.7 per cent in 2021. 07/07/2020
Economy EU forecasts 'recession of historic proportions' this year "Europe is experiencing an economic shock without precedent since the Great Depression,'' the EU's economy chief Paolo Gentiloni said on Wednesday. 06/05/2020
Economy Britain to face growth slowdown amidst Brexit fears Confederation of British Industry lowers 2018 growth forecast citing Brexit and heavy snowfall 08/06/2018
