‘Mildly encouraging’ jobs snapshot

17th 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.

Encouraging news

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."

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