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OBR unemployment forecast much better than all FSR scenarios

UK

Re unemployment the peak is now expected to be only 7.5% in Q2-2021In the Fiscal Sustainablity Report this had been estimated at: Central: 11.9% Q4-2020, upside 9.7% (Q3-2020), downside 13.2% (Q1-2021)- So much better for unemployment than previously expected.

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