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Uk economics Tom Jarrett, (The uk runs a trade deficit as it imports more…
Uk economics Tom Jarrett
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GDP
Monthly real gross domestic is estimated to have grown by 0.5% in June 2023, following a fall of 0.1% in May 2023 and growth of 0.2% in April 2023
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Unemployment
The unemployment rate of the United Kingdom was 4.2 percent in June 2023, an increase on the previous month, when it was four percent
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South Africa
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This is due to the uneven distribution of joblessness with 33.6% of 15-24 year olds not in employment education or training.
Deglobalisation
The movement towards a less connected world with local solutions rather than global treaties and free movement
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The current account deficit widened to £10.8 billion in Q1 2023, compared with a deficit of £2.5 billion in Q4 2022.
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