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UK Unemployment Fell to 7.7% 18 Month Low

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The jobless total fell by 37,000 between September and November to 2.49 million, the Office for National Statistics (ONS) said.

The ONS said the number of people in work had increased to 29.7 million.

The number claiming Jobseeker’s Allowance fell 12,100 to 1.56 million last month, the lowest since June 2011.

The unemployment rate fell to 7.7% in the three months to November, down from 7.8% in the previous quarter.

via 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

@alfonso_forex

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