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Tag Archives: graeme leach

Unemployment figures a mix of the good, the bad and the ugly

“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…

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Labour market picture very unclear, says IoD

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…

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IoD reaction to GDP figures

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…

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