“The latest unemployment statistics are a mix of the good, the bad and the ugly,” says Graeme Leach, Chief Economist at the Institute of Directors: “The good is the nine thousand increase in total employment. The bad is the 50 thousand fall in full-time employment and the rise in both measures of unemployment. Without doubt…
A new survey of 1,000 business leaders by the Institute of Directors (IoD) shows that companies are relatively confident despite the weak economic outlook: 2012 UK Economic Outlook · Only 35 per cent of business leaders think there is a high or very high risk of a recession in 2012. But a further 53 per…
Wednesday, February 15, 2012 Posted in Business News
The latest labour market statistics provide few answers, says Graeme Leach, Chief Economist at the Institute of Directors: “There is something for everyone in these figures. For the optimists, employment rose by almost 60,000 and the number of people on Jobseekers Allowance rose by only 6,900. For the pessimists, the Labour Force Survey measure of…
Commenting on the latest GDP figures, which showed a decline of 0.2% in the fourth quarter of 2011, Graeme Leach, Chief Economist at the Institute of Directors, said: “The tightrope walk between recession and recovery continues. We’ve taken one step towards a double-dip recession, and it’s now probably 50-50 as to whether we’ll take the…