February 2008
People Management;2/21/2008, Vol. 14 Issue 4, p114
The article presents an overview of current economic conditions in Great Britain. The unemployment rate was 5.2% in the three months to December 2007, down 0.2 of a percentage point from the previous quarter and down 0.3 of a percentage point over the year. More than 42,000 jobs were created across the country's 21 key industries in January 2008, a 7% decrease on January 2007. Average earnings excluding bonus payments increased by 3.7% in the three months to December 2007, up 0.1 of a percentage point from the previous month.


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