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The employment rate for those aged from 16 to 64 for the three months to August 2010 was 70.7 per cent, up 0.2 on the quarter. The number of people in employment aged 16 and over increased by 178,000 on the quarter to reach 29.16 million. Employment is up 241,000 on the year but is 270,000 lower than two years previously.

The number of men in employment increased by 132,000 on the quarter, to reach 15.62 million, while the number of women in employment increased by 46,000 on the quarter to reach 13.54 million. The quarterly increase in total employment was mainly driven by part-time workers, which increased by 143,000 on the quarter to reach 7.96 million, the highest figure since comparable records began in 1992. There were 1.14 million employees and self-employed people working part-time because they could not find a full-time job. This is the highest figure since comparable records began in 1992 and is up 65,000 on the quarter. The number of full-time workers increased by 35,000 on the quarter to reach 21.20 million.

Edited by exiges
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There was no market reaction to the figures,
which did little to change the view that Britain's economy is in a fragile state ahead of a fiscal squeeze that could see hundreds of thousands of job losses in the public sector.
"The latest data provide further evidence that the labour market recovery is faltering, even before the public sector job cuts really begin," said Vicky Redwood at Capital Economics.

FTSE 100 5726.39+1.14% Buy Buy Buy!

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Hint: Fresnillo == silver...

I bought Fresnillo when they were 99.9p a share , sold them at around 900p thinking the top was in. They are just short of 1300 now.

This sums up my share dealing career , i can pick the bottom very well but always sell far too early.

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  • 419 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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