Week in Review - 16th March, 2012

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↔ Labour market statisticsThe number of people in employment increased by 9,000 in the three months to January, as an increase in the number of part-time employees outweighed a fall in full-time employment. The ILO measure of unemployment rose by 28,000, though this was the smallest quarterly increase since May 2011. The ILO unemployment rate was stable at 8.4%. The Claimant Count measure of unemployment – which records the number of people claiming Job Seekers' Allowance – has now risen every month for a year, though the claimant count rate was unchanged from the previous month at 5.0%.
The week ahead
Tue 20th: Consumer prices
Wed 21st: Pay Bulletin
Thu 22nd: MPC minutes

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