Wednesday, 11 September 2013

Slow news day

From the BBC:

The rate of unemployment in the UK dropped to 7.7% between May and July from 7.8% in the previous three months. The number of people unemployed fell 24,000 in the period to 2.487 million.

The governor of the Bank of England, Mark Carney, has said that interest rates are unlikely to be raised before the rate falls to 7%.

Our new Homey-in-chief can whistle for it, long term rates have doubled over the twelve months (from an all-time low of 1.5% to a historically still very low 3%).

From the BBC: Wales unemployment falls by 7,000

From the BBC: Northern Ireland unemployment rate continues to fall

Three hundred fewer people claimed the dole in August, bringing the total claimant count to 62,200.

From the BBC: Scottish unemployment up by 10,000

As per usual, they don't publish a separate figure for England, let alone dedicate a whole article to it, but by adding and subtracting, it appears the number of "unemployed" in England has fallen by 26,700.

Glad to have cleared that up.