Money Minute Tuesday 17 December: UK unemployment and American houses
In today's Money Minute we look to the latest employment figures for the UK, plus the number of houses built in the US.
In the UK this morning, we get the latest employment figures for the three months through October.Unemployment remains extremely low at just 3.8%. However, there have been tentative signs in recent months that demand for staff is easing off.
Over in the US, we get figures on the number of houses that builders started working on last month.Demand for housing has been helped by falling mortgage interest rates in the US this year.As a result, housing starts look set to have risen for the sixth month in a row in November, which is good news for the construction industry and anyone who works in it, as well as the wider US economy.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
How cancelling unused direct debits could boost your pension by £37,000A new year refresh of your spending could save you money and help boost your pension pot.
-
NS&I cuts interest rates on 8 savings accountsNS&I will now offer less attractive interest rates for customers wishing to lock their savings away to grow for one, two, three or five years.
