More positive signs from manufacturing

Manufacturing output grew by 0.6% in October, according to the Office for National Statistics, and compares well with the 0.2% seen in September. In fact, the October increase is the biggest monthly rise since March. This figure was approximately twice that which analysts had been prediction. This means that in the three months to October, manufacturing grew by 5.6%, compared … Continue reading

Posted by Nigel Tree | Comments Off on More positive signs from manufacturing

Big recovery in UK manufacturing

Manufacturing was shown to have reached a sixteen-year high, according to the Markit/CIPS purchasing managers’ index (PMI), which has just been published. The seasonally adjusted UK manufacturing PMI rose to 58.0 in November, its highest level since September 1994, and compares with a figure of 55.4 in October. The PMI figure has now been above the 50.0 neutral mark for … Continue reading

Posted by Nigel Tree | Comments Off on Big recovery in UK manufacturing

Small drop in unemployment

In the three months to September, the total number of people unemployed fell by 9,000 to reach 2.45 million. This gave an unemployment rate of 7.1% which was 0.1% down on the quarter. The picture is similar when we look at those claiming Jobseeker’s Allowance (also called the claimant count), with a fall of 3,700 between September and October, to … Continue reading

Posted by Nigel Tree | Comments Off on Small drop in unemployment

20% of UK households are not working

The ONS has just published figures for 2009, where they look at households which contain at least one adult of working age – between 16 and 64. The findings show that nearly one-in-five of such households did not have anyone who was in employment in 2009. This figure compared with 16% in 2008. And, it is not surprising, that this … Continue reading

Posted by Nigel Tree | Comments Off on 20% of UK households are not working

Unemployment – the lull before the storm

Good news on the unemployment front – or is it? Latest figures from the ONS today show that in the three months to August 2010 the number of unemployed fell by 20,000, to reach 2.45 million. This gives an unemployment rate of 7.7%, which is down 0.1% over the quarter. Male unemployment fell by 56,000 on the quarter, but female … Continue reading

Posted by Nigel Tree | Comments Off on Unemployment – the lull before the storm

Strong UK manufacturing performance

Britain’s manufacturers are continuing to report buoyant trading conditions on the back of rising demand in overseas markets, pointing to good prospects for growth in 2010 according to a major survey published today by EEF, the manufacturers’ organisation and BDO LLP. The third quarter EEF/BDO ‘Manufacturing Outlook’ report reveals that recovery, which began at the end of last year, has … Continue reading

Posted by Nigel Tree | Comments Off on Strong UK manufacturing performance

Work till you drop

The government has just started a consultation process with the view of scrapping the fixed retirement age from October 2011. This would mean that employers would no longer be able to ‘force’ workers to retire at age 65, as they can, and usually do, at the moment. The bad news is that you have to have a job in the … Continue reading

Posted by Nigel Tree | Comments Off on Work till you drop

Survey suggests continued growth in UK economy

The latest Economic Survey from the British Chambers of Commerce suggests that there was continued growth in the second quarter of 0.6% to 0.7%. The survey, which is based on data collected from over 5,600 businesses throughout the country found that domestic manufacturing sales surged by 29 points in the second quarter to +30% and manufacturing export sales rose by … Continue reading

Posted by Nigel Tree | Comments Off on Survey suggests continued growth in UK economy

Mixed messages on unemployment

The unemployment rate for the three months to April 2010 was 7.9% which was an increase of 0.1%. There was an increase in the number unemployed of 23,000 to give a total of 2.47 million out of work. This is a bleak figure which looks set to become even bleaker. Particularly so, given the fact that there are 5.2 unemployed … Continue reading

Posted by Nigel Tree | Comments Off on Mixed messages on unemployment

Employment in EU agriculture falls 25%

Between 2000 and 2009, employment in the agricultural sector in the EU27 fell by 25%, which was the equivalent of 3.7 million full-time jobs. It fell by 17% in the EU15 (those countries in membership before 2004) and by 31% in the 12 member states (NMS12) that joined the EU in 2004 and 2007. In 2009, total employment in the … Continue reading

Posted by Nigel Tree | Comments Off on Employment in EU agriculture falls 25%