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Losing a job creates a ‘new normal’ for our wellbeing that never goes back to pre-unemployment levels, a new international study reveals.
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The UK economy is doing well, with unemployment at an 41 year low, but the short lived pay recovery is set to slow.
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The number of unemployed people in the UK rose by 27,000 to 2.53 million in the three months to the end of January 2011, the highest since 1994.
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