Yep, but each job cost debt , i.e. you print money your printing employment into existence...... as EU is UK's largest export market it may well be it is creating goods and services for a marketplace that does not exist, with borrowed money, and that equals DUMB !!
U.K. Adds One Job for Each Lost in Euro Area
Britain has created as many jobs over the past four years as the euro region has lost, underlining the widening economic gulf with the country’s biggest trading partner. The CHART OF THE DAY shows working-age employment in the U.K. rose by 1.4 million to 29.4 million in the second quarter compared with the same period in 2010, based on data from the European Union statistics agency, Eurostat. In the 18 nations that share the euro, it dropped by 1.4 million to 138.7 million. The specter of stagnation in the euro area prompted Bank of England Governor Mark Carney to lower U.K. growth and inflation forecasts ... (full story)