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The bank expects unemployment to rise slightly, to almost 5.5% in the third quarter of this year, when the government's furlough scheme comes to an end. with interest rates staying at an all—time low of 0.1%, our economics editor faisal islam looks at how long the recovery could last and what it means forjobs. a year on, some pandemic clouds are lifting and after an historic economic fall, an equally historic rebound is now happening. and it's much stronger than expected. all of which can be seen in the oxford outskirts, in the shops and in the salons. we are growing, so we have got that opp...

A vaccine—driven much sharper recovery this year with over 700,000 furloughed workers now predicted to return straight to theirjobs rather than lose them. right now the economy is rebounding sharply, and that's the obvious and natural consequence of the vaccine, principally the one invented in this city rolling out and enabling businesses merely to reopen. but it has another consequence, too, which is to instill confidence in consumers to go out and enjoy social activities that have been shut. and that could turn the rebound into a very real recovery. the bank thinks more lockdown savings wi...

Opportunity of further employment. i have spoken to some clients who have unfortunately been made redundant or lost theirjobs, but again, they are optimistic that they will find something and they're looking for something. that picture seen in the bank of england's latest forecast, of a vaccine—driven much sharper recovery this year, with over 700,000 furloughed workers now predicted to return straight to theirjobs rather than lose them. right now, the economy is rebounding sharply and that's the obvious and natural consequence of the vaccine, principally the one invented in this city, rolli...

One yearon, one year on, some pandemic clouds are lifting and after an historic economic fall, and equally historic rebound is now happening. and it's much stronger than expected. all of which can be seen in the oxford outskirts, in the shops and salons. we are growing, so we have got that opportunity of further employment. i have spoken to some clients who have unfortunately been made redundant or lost theirjobs, but again, they are optimistic that they will find something and they are looking for something. that something and they are looking for somethina. ., , . something and they are look...

How do you deal with this? what is the context? what is the move? good people, good minds, next.