We believe it is always worth keeping tabs on the various economic indicators to help inform views on the direction of the economy and the impact this may equally have on the direction of property values. The latest employment statistics from the ONS (Office of National Statistics) have just been reported.
- The number of people in work across the UK is now 30.09 million. That is an increase of circa 250,000 over the previous quarter.
- The number out of work is 2.39 million, down by 99,000 in the 3-months to October 2013.
- Unemployment is now at 7.4%, down from 7.6% in the previous quarter and the lowest since the Feb-Apr reporting period in 2009.
Use this link to explore more detail relating to these latest figures.
