Economy hit by jobs rollercoaster

AOL Money Staff
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The economy has been hit by a jobs rollercoaster after two taxpayer-supported banks made "brutal" cuts of more than 1,700 posts, while car giant Jaguar Land Rover unveiled plans to increase its workforce by 1,000.


The contrasting news came ahead of new unemployment figures on Wednesday which are expected to show another increase in the 2.6 million jobless total, despite some signs of a brighter future on the employment front.