FTSE 100
Dow Jones

Wednesday, 13 April 2011

It must be Spring

Inflation dropped yesterday from 4.4% to 4%, and today UK unemployment falls by 17,000 to 2.48 million.

Meanwhile, the number people in employment rose by 143,000 to 29.23 million, compared with a pre-recession peak of 29.56 million recorded for the three months to the end of May 2008.

The good news is that most of these new jobs are real sustainable jobs in the privcate sector, not headline number packing non-jobs from the Brown/Balls school of economic vitality.

No comments: