BoE governor ‘very worried about jobs’


BoE governor ‘very worried about jobs’

Bank of England (BoE) governor Andrew Bailey has said that while the economy is showing signs of recovery from the coronavirus crisis, he remains concerned about unemployment. He told an event organised by Speakers for Schools: “We are seeing the economy come back now somewhat, because obviously the restrictions are beginning to be lifted … But there’s a long way to go, we are very worried about jobs, as are a lot of people.” “We think it is likely that more activity will return, but more jobs will not return necessarily immediately,” he added.


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