The number of people claiming unemployment benefits in Britain rose in June at the slowest pace for 13 months, official data showed on Wednesday.
The number of people claiming benefits increased 23,800 last month to 1.56 million. Unemployment, according to the International Labour Organisation measure, rose by 281,000 to 2.38 million in the three months to May.
The quarterly increase was the highest since records began in 1971.
US official tells China to open up
US secretary of commerce Gary Locke has said that China should open its domestic markets and loosen its currency controls to help the global economy out of the ongoing financial crisis.
“If China allowed for greater flexibility in its exchange rate and further opened up its domestic markets for imports and foreign direct investment, it would accelerate the world’s return to growth,” Mr Locke told a business lunch.
No comments:
Post a Comment