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Editor's Pick: The week ahead....

(TW-.L) Taylor Wimpey PLC Buy/Sell

37.60 -1.46 (-3.73%) Down arrow Add to portfolio Set Alert Level 2 Desktop Trader

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Author Sniffer Dave     View Profile | Add to favourites | Ignore
Date posted 2009-11-06 23:09
Subject Re: US job data   View parent message
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Mr Jockey, US is obviously having a shocker with jobs, similarly France, Spain, Germany etc. but they are all (except Spain) showing positive GDP, whereas UK is still in negative GDP, but jobless is staying around 7%. What are your thoughts on this? Productivity??

You know I'm a born optimist, but I actually believe the UK has one of the most flexible labour markets and given the beating we've taken from financial services here, the jobs market has held up remarkably well.

Anyway the dow didn't retrace, so not the week it could have been personally, but still very positive for TW!

PS - too much red on the voting buttons recently - here everyone, have some virtual chill pills.......

Good weekend!!
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