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Unemployment in NI likely to hit 100,000 by end of year, warns economist Gibson


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Prediction: Neil Gibson of EY

Prediction: Neil Gibson of EY

Prediction: Neil Gibson of EY

Northern Ireland will "do well" to stop unemployment from soaring to 100,000 by the end of 2020, a leading economist has warned.

Neil Gibson's shock prediction comes just after bookseller Eason announced the imminent closure of all seven of its local stores with the loss of 144 jobs.

At the start of the year the unemployment rate was just 2.4%, one of the lowest on record.