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24 March 2021 - Unemployment falls for first time since beginning of Pandemic
"Unemployment in the UK fell to 5% in February as over 86k new jobs were created. This is the first time since the start of the Pandemic that the rate has fallen.
It is noteworthy that the Government has hardly rushed to take credit since it is well aware that the numbers will be significantly worse before any permanent improvement is seen.
The truth about the data is that very little has changed over the past month despite the Budget promising a brighter future.
The most concerning aspect of the country’s emergence for the lockdown will be the jobs market.
"
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.
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By CurrencyTransfer
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"Unemployment in the UK fell to 5% in February as over 86k new jobs were created. This is the first time since the start of the Pandemic that the rate has fallen.
It is noteworthy that the Government has hardly rushed to take credit since it is well aware that the numbers will be significantly worse before any permanent improvement is seen.
The truth about the data is that very little has changed over the past month despite the Budget promising a brighter future.
The most concerning aspect of the country’s emergence for the lockdown will be the jobs market.
"
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.