Economics 

Unemployment hope for shares

Chris Dillow

Chris Dillow
Unemployment hope for shares

Unemployment is going to rise. The Bank of England said last week that it expects the official jobless rate to rise from 5 per cent now to around 7.7 per cent by June – although its trajectory depends in part on whether the job retention scheme is extended and how many laid-off migrant workers return home. Which poses the question: what does this mean for equities?

Join our community of smart investors

Subscribe today and enjoy unlimited access:

  • Comprehensive companies coverage
  • Actionable commentary, ideas and portfolios
  • Tools and data to help you manage and track investments.
  • Help managing your portfolio 
Explore subscription options
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now