Thursday, January 17, 2008

UK employment figures don’t tell the full story

UK stocks are in a bear market - it's official

Amid all the gloom, with stock markets tanking around the world again yesterday, UK employment figures were supposed to be a rare ray of sunshine. But as we’ve already seen from America, employment is a lagging indicator – it only starts to turn down after everything else has gone wrong. And with the FTSE 250 now in bear territory, the FTSE 100 could soon follow...

Posted by mary @ 10:38 AM (478 views)
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One thought on “UK employment figures don’t tell the full story

  • Sold My Soul To The Never Never Never says:

    Many times I have said on this website is that unemployment only happened after the hpc in 1989 as a consequence of it – so when the VI’s always go on about strong employment etc.etc. I take it as total bull***t!

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