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UK: 10% jobless rate in regions by 2015?
The Centre for Economics and Business Research (CEBR) predicts an unemployment rate in excess of 10% will affect Wales and the North of England by 2015. With most of the losses resulting from expected public sector job cuts, the south east and south west of England will see rates of 7% and 8% respectively.
August figures showed the national rate of unemployment to be 7.8%, or 2.49 million.