UK jobs market continues to improve

UK jobs market continues to improve

Data from the Office for National Statistics this morning shows that the UK jobs market continues to recover. The unemployment rate fell to 4.5%, the lowest in a year.

Stocks are down though, following Asian markets lower on inflation fears with energy prices rising strongly and worries that third quarter earnings announcements may disappoint. A number of major US banks are reporting this week.

Concerns over the debt crisis at Chinese property giant Evergrande is also still weighing on global markets.


Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure