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  • U.K. Adds One Job for Each Lost in Euro Area

    From bloomberg.com

    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)

  •  Guest
  • | IP XX.XX.3.213
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 !!
  •  Guest
  • | IP XXX.XXX.168.160
yip, but a few years back they were crying out for EU labour, what happened in-between?

http://www.bbc.com/news/uk-england-25403892
Quoting Guest
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 !!
100% true and corect
Quoting Guest
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 !!
UK export market does not exist....
  • New Comment
  •  Guest
  • | IP XX.XXX.152.207
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  • Story Stats
  • Posted: Nov 13, 2014 3:57am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 1,500