U.K. jobless claims decreased in December

Note: This section contains information in English only.
Source: Reuters
© Scanpix/RS
The number of British people applying for unemployment benefits surprisingly decreased in December to the lowest level since the middle of 2011, the Office of National Statistics reported on Wednesday. The U.K. jobless claims declined by 12,100 in the last month of 2012 to 1.557 million, the lowest figure since June 2011, while the wider ILO measure fell also by 37,000 to 2,490 million.

"The employment numbers were a little bit better than forecast but there's still a modest slowdown relative to over the summer months and the wage inflation numbers are still distinctly soft so I don't see why any of this would really change the policy bias." said Ross Walker from the Royal Bank of Scotland.

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