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UK Employment Shows Slight Improvement

Although the UK unemployment remained unchanged at 7.8 percent for the three months ending in July, the actual number of unemployed fell by 8,000 to 2.47 million according to latest employment figures from the Office for National Statistics. Despite the slight improvement, many analysts fear that employment will worsen later this year as the government implements a series of planned spending cuts.

Source: BBC News

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Posted by Dean Popplewell at 9:37 am UTC, 05/23/2012
Posted by Dean Popplewell at 9:32 am UTC, 05/23/2012
Posted by Staff at 7:27 am UTC, 05/23/2012
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May
24
Today’s Global
Market Events
8:30am

CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am

EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am

USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm

USD
FOMC Member Dudley Speaks
3:00pm

USD
Treasury Sec Geithner Speaks
7:30pm

JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%