Bank of England Predicts job market crash due to Brexit

Commenting on the news that the Governor of the Bank of England thinks that unemployment will rise, Liberal Democrat leader Tim Farron said:

“A rise in unemployment to 5.5% is a Brexit punch coming to households on our streets. It is putting jobs and livelihoods at risk. The Tory MPs and others who campaigned for Leave promised a new economic dawn, which we can clearly see is not going to break anytime soon. It now looks like thousands of people will pay the price with their jobs for these spurious claims.

“I wonder how often Boris Johnson will be going down the dole office in the next few years talking to the people there, who have lost their job and talking about the ‘sunlit uplands’ of Brexit?”

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