THERE has been another spate of positive economic statistics, reported by the Daily Mail. Figures released yesterday by the Office for National Statistics show that unemployment has fallen to its lowest level in 45 years and wages have surged by their highest rate in a decade.
Employment was up by 28,000 in the three months to May to 32.75million.
Unemployment fell by 51,000 to 1.29million in the period – at 3.8 per cent, it is at its lowest level since the end of 1974.
Wage growth increased at its highest rate in more than ten years.
This is all despite the prospect of Brexit; we await Mr Carney’s response with interest. Meanwhile yesterday’s BBC News Online decided to ignore this positive news in favour of another of its near daily Trump-bashing stories.