‘Mildly encouraging’ jobs snapshot
- 17 November 2010
On a downbeat note, however, the Office for National Statistics (ONS) revealed that the number of people claiming for up to six months rose by 10,400 to 943,900 while the number of people unemployed for up to six months increased by 21,000 over the same period.
The total number of people out of work fell by 9,000 over the quarter to September against more modest expectations of 5,000, taking the total to 2.45m.
Simon Ward, chief economist at Henderson Global Investors says the latest labour market statistics report is mildly encouraging, showing as it does "employment at a new recovery high and a surprise fall in claimant-count unemployment last month."
- What to do about the problem that is Japan and its economy?
- European court rules airline luggage fees allowed
- Is an Irish economic miracle in progress?
- Scottish income tax changes could make it a haven for pensioners
- English subsidy of Scottish tax breaks must stop, says taxpayers group
- 'Devolution max' will not hurt UK, says economist
- FTSE and pound rise as Scotland votes 'no' to independence
- Tesco shares plummet as supermarket reveals it overshot profit forecast by £250m
- Lenders ramp up competition with mortgage rate reductions
- Mindful Money's weekly share watch: Carnival & United Utilities