ECONOMICS COMMENTARY
Feb 20, 2013
UK employment reaches all-time high
The head scratching intensifies as data show employment rising to a new all-time high at the same time as the economy contracted at the end of last year. While GDP data showed the output of the country falling 0.3% in the final three months of last year, unemployment fell by 13,000 to 2.501 million and employment rose by 154,000 to a new record of 29.73 million, its highest since records began in 1971.
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