Wednesday, June 15, 2011

UK Unemployment down to 7.7%

BBC News: Reports that the UK unemployment rate has fallen from 7.9% to 7.7%, the jobless rate went down by eighty eight thousand, the biggest drop since 2000. No wonder “ Red ” Ed Miliband had to use cancer as a political weapon, the Labour economic agenda can be proven to be wrong, should inflation and unemployment rate stay low then Labour will have a very remote chance of winning the next election in 2015. If President Obama has a rate of 7.7% of unemployment he would hold a Party in Washington D.C. At present the US rate is at 9.1%, and Obama is following in many respects the Labour policy of spending, that is why he might be a one term President.

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