UK Jobs Data Shows The Economy Is Coming Back

More evidence of a UK comeback.

This time it’s from the employment data.

Via World First:

  • The unemployment rate has fallen to 7.7% vs. expectations of 7.8%
  • Jobless claims fell 32,600 vs. a predicted fall of 21,000
  • That was the biggest fall, per Jamie McGeever, since june 1997.

The UK has seen a string of nice data over recent months. Not too surprising that this was a good one.

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