Not the kind of youth sacrifice once practiced by the Aztecs, the Inca, and the Carthaginians in order please distant, fickle gods if course. We’ve moved on a bit since then.
Then again, it’s still the younger generation that generally draws the short straw in a crisis… Read more
Not to put a downer on Wednesday’s news of the sharpest fall in UK unemployment for a decade but…
… the more we look at it, the more we’re finding reasons to be sceptical. Mostly regarding the post-crisis fate of Generation Y. Read more
The aggregate UK employment figures released on Wednesday were optimistically received although they should have been treated with caution.
The LFS unemployment rate fell to 7.8 per cent from 8 per cent in the three months to February with employment increasing by 143k. The less widely-followed monthly path data showed that spot monthly unemployment rate in February fell to 7.7 per cent from 8.2 per cent. The claimant count for March was less promising but essentially flat, up by 700. Read more