December 17, 2008

U.K. Jobless Claims Rose at Fastest Pace Since 1991

Filed under: Europe,FYI,UK,unemployment — DF @ 3:41 pm
Tags: ,

According to Bloomberg: “U.K. unemployment rose at the fastest pace since 1991 in November and the Bank of England considered cutting interest rates to the lowest ever this month as the recession tightened its grip.

The number of people receiving jobless benefits rose 75,700 to 1.07 million, the highest level since July 2000, the Office for National Statistics said today”

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