UK unemployment rate drops to 7.1%

[les_taxi]

Fantastic news

[bigmac]

so--when it drops to 7%--up go interest rates

which means up goes your mortgage if your neighbour gets a job

nonsense--of course--just like these numbers. just means more have retired or gone on the sick.

[Rory]

Just another indication of our economy still moving like a rollercoaster.

[stevewool]

what mortgage, i have not got one

[les_taxi]

Bit selfish of people bemoaning their mortgage rate going up after years of virtually no interest at the expense of people gaining employment.

[SimonH]

So economies on the up, we have have of the strongest recovery rates in the world, pound against peso is up 25% in the last year, house prices are up nearly 10% and people are complaining that their interest rates on their mortgages may go up

[les_taxi]

Ya can't please some people

[bigmac]

i aint got a mortgage either. i just dont trust these unemployment figures. when is a job not a job

[Terpe]

I doubt the BoE will increase interest rates for quite some time whatever the growth rate given the stats on full time employment, youth unemployment and the current relative wage levels.
Just an opinion

[les_taxi]

i aint got a mortgage either. i just dont trust these unemployment figures. when is a job not a job

Well less people claiming unemployment benefits is your clue

[SimonH]

when is a job not a job

When it's a tree