Pete Wargent blogspot


'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Thursday, 13 July 2017

Cor blimey, guv'nor

Jolly good

Cor's only record UK employment, innit.

Total employment rose by another +324,000 over the year to May to sit above 32 million for the first time, driven by gains in full time employment. 

The employment rate rose to the highest level since comparable records began in 1971 at 74.9 per cent, having sunk horribly through the financial crisis. 

Earnings are still trundling along, but the unemployment rate fell to a 42-year low of just 4.5 per cent.

Pushing on a string,'s a right bang-up job!