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UK Unemployment Falls in July

A similar trend to the US numbers. Lower unemployment figures but a combination of less people seeking jobs and receiving Jobseeker’s Allowance.

Glad to see the Olympic Games had a positive impact on the UK economy:

The number of people out of work fell by 7,000 to 2.59 million in the three months to July, compared with the previous three month period.

The unemployment rate was 8.1%, down 0.1% on the previous quarter.

The number out of work for more than a year was 904,000, the highest since 1996, official figures showed.

But the Office for National Statistics (ONS) also said the number of people claiming Jobseeker’s Allowance fell by 15,000 in August to 1.57 million.

The drop in the number of claimants was the largest since June 2010.

via BBC

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Posted under AUD, CNY at 8:57 am EDT, 05/17/2013
Posted under USD, EUR, GBP, JPY at 8:57 am EDT, 05/17/2013
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