The Independent reports that almost one million jobs will be lost as a result of the Government's programme of deficit reduction – many in the very regions and industries that have already suffered most in the recession, according to research by PricewaterhouseCoopers (PWC). PWC economists say that a further half a million jobs will be lost among private sector contractors and suppliers as a result of the Chancellor's anticipated £84bn in cuts, due to be announced on 20 October.
http://www.independent.co.uk/news/business/news/spending-cuts-will-cost-a-million-jobs-warns-pwc-2104921.html