UK unemployment total falls to 2.46m

The number of people unemployed in the UK has fallen unexpectedly for the first time in 18 months.
Total unemployment stood at 2.46 million for the three months to November, down 7,000 on the figure for the previous three months.
It brings to an end the rise in joblessness that began in the summer of 2008 before the UK fell into recession.
The rate of unemployment now stands at 7.8%, down from the 7.9% reported last month.

source BBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza