Workers in London and the South-east will bear the brunt of the recession, a hard-hitting report warned today.
Recession map: Click 'enlarge' to see full-size version, or scroll down to end of story
Almost two in five of jobs lost will be in the two regions (see map right and below) which have been the engine room of the British economy over the past decade, according to Town Hall chiefs.
But the renaissance of Northern cities such as Liverpool and Manchester, devastated during the industrial decline of the Eighties, means they are best placed to weather the economic storm.
These areas have also benefitted from the relative boom in public sector jobs, whilst the South-east jobs markets is largely dominated by private sector workers.
Construction and manufacturing will be the hardest hit during the financial crisis with an estimated 705,000 jobs going. But employment in shops, restaurants and hotels could also drop by a similar level before the UK's economy recovers.
Read more: http://www.thisismoney.co.uk/money/news/article-1647026/The-recession-map-of-England.html#ixzz1dF3z2kjp
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