Sign up to save your podcasts
Or
Share 15 September 2021 - Claimant Count and Unemployment Rate both fall in August
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
15 September 2021 - Claimant Count and Unemployment Rate both fall in August
"The recovery of the UK economy continues to be buffeted by the shortages created by the lack of HGV drivers and the global shortage of spare parts and raw materials.
Yesterday’s release of employment data for August showed that more people are finding jobs which brought down both the claimant count, by 58.6k and the unemployment rate from 4.7%in July to 4.6%.
This shows that the economy is still travelling in the right direction, but there is little doubt that the recovery will be weaker in Q3 than it was in Q2.
The recovery of the UK economy continues to be buffeted by the shortages created by the lack of HGV drivers and the global shortage of spare parts and raw materials.
Average earnings fell in August, both pre and post bo9nus. That is a sign that the inflation rate that will be released later this morning will also show prices have risen, but at a slower rate than previously.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
View all episodes
By CurrencyTransfer
5
11 ratings
"The recovery of the UK economy continues to be buffeted by the shortages created by the lack of HGV drivers and the global shortage of spare parts and raw materials.
Yesterday’s release of employment data for August showed that more people are finding jobs which brought down both the claimant count, by 58.6k and the unemployment rate from 4.7%in July to 4.6%.
This shows that the economy is still travelling in the right direction, but there is little doubt that the recovery will be weaker in Q3 than it was in Q2.
The recovery of the UK economy continues to be buffeted by the shortages created by the lack of HGV drivers and the global shortage of spare parts and raw materials.
Average earnings fell in August, both pre and post bo9nus. That is a sign that the inflation rate that will be released later this morning will also show prices have risen, but at a slower rate than previously.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.