Posted: May 16th, 2012 | Author: dubaidude | Filed under: UK | Tags: Jobs, Recession, UK
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UK unemployment falls 45,000, mortgage lending goes up - are we finally shaking off recession? @
The total number of jobless fell to 2.63 million, according to the Office for National Statistics, its lowest level since last summer. That brought the unemployment rate in the first quarter of 2012 down to 8.2%, from 8.4% in the last three months of 2011.
RT @: Reasonable #UK labour mkt data for Jan-Mar casts doubt on official Q1 recession call. But -ve real wages and weak ba ...
RT @: Good question posed in today's FT. 'Why is the UK in a double dip recession when the eurozone is not?' Answer: #rec ...
Double dip recession is that? So UK is not coming out of recession, pretty soon.