Decline in the Rate of Unemployment

New figures on unemployment released today show the rate of unemployment was smaller than expected, in fact was the slowest rate since June 2008.

This is a key indicator that things may be about to turn around. Generally, as you would expect, when the number of people being made unemployed stops rising this is a sign that employers will start recruiting once again.

There is typically a lag to this as employers will try to store profits for a period before incurring more staffing costs but hopefully there is light at the end of the tunnel for all those who are unfortunate to be in a position of having no job!

From the perspective of investment it can also reiterate that now is a great opportunity to take some advice on going into the markets. So give us a call if you are considering new investment or want to be sure that your existing holdings are well placed going forward.