Thursday, 1 October 2015

UK economy sees growth and unemployment falling. Opposite happening in Eurozone

Britain’s unemployment is down to 5.5%. In the eurozone it is double this, with some areas youth and other unemployment rising, notably France. Countries that are trying to cut their deficits, and live within their means are seeing growth and jobs; the recovery from the Great Recession was faster than previously thought, according to official data recently released that showed the UK grew more rapidly than any other G7 economy over the past two years. The Office for National Statistics (ONS) confirmed UK growth at 0.7pc in the second quarter of the year compared with the previous three months. Compare this with France, run by a socialist leader, who favours high taxes, and attacks business as the enemy not the creator of jobs. In France unemployment tops 10% and is rising. It is a country going backwards not forwards. 
More details here: http://www.telegraph.co.uk/finance/economics/11900934/UK-GDP-growth-stronger-previously-though-recovery-ONS.html