tom david
Economics

How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come?

What is the current state of our economy? Well many economists think that this year the economy will slowdown. In the last ten years or so our ecomony has been driven by factors such as high consumer spending and the soaring property market, our economy has have already witnessed the housing market slowing down this in turn will have an effect on household spending.
As for our manufacturing industry this has reported its worst fall in output in more than 10 years, increasing fears over the health of the UK economy. Also Factory production it is reported fell by 4% in the year 2002, This is the largest annual slump since 1991, this is according to figures from the Office for National Statistics.
Britain's manufacturing industry is going through its worst recession since the......

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Title: How Has The Level Of Employment/Unemployment And National Minimum Wage Legislation Impacted On The Economy As A Whole And How Will This Effect The Economy In The Years To Come?
Approximate Word Count: 1613
Approximate Pages: 7 (250 words per double-spaced page)

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