The Trader 

Market Outlook: Record UK employment - again

The Trader

Data out yesterday morning show that another 141,000-people found work in the 3 months to November. This takes those in work to another new recent record high at 32.53 million, 75.8 per cent of those of working age, and those claiming unemployment benefit down to 4 per cent. Salaries grew by 3.4 per cent annualised and if one were to include bonuses the increase would be 3.3 per cent – highest since November 2008. The rates are in stark contrast to the Eurozone where only Germany comes close, and the Eurozone block remains stubbornly in double digits.

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