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UK manufacturing rises in February as employment surges
paulschapman
Posts: 35,536 Forum Member
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UK manufacturing grew faster than expected in February, with employment in the sector expanding at its fastest pace in almost three years.
The Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) ticked up to 56.9 from 56.6 in January, higher than the 56.5 expected by economists
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It is the eleventh consecutive month that UK manufacturing has expanded.
Jobs growth in the sector rose at its fastest rate since May 2011.
More good news.
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I'm surmising that there is a greater wealth distribution around the country due to manufacturing in comparison to financial serices.
Indeed, until the next banking crisis screws it up again. And worth remembering that the billions banks have been forced to shell out in compensation will be responsible for a good chunk of the upturn, as Martin Lewis noted.
Boo! "part time jobs" "zero hours contracts" blah blah blah
Excellent news and more to come I hope.:)
Better read this then from the ONS http://www.mirror.co.uk/news/uk-news/david-camerons-government-caused-full-time-3197874. Some 646,000 youngsters live in homes where one or both parents are only working part-time – up from 443,000 in 2010 when David Cameron became Prime Minister.
The figures from the Office for National Statistics will embarrass the Government, which launched a child poverty strategy last week.
What the Mirror isn't reporting is that the number of children in workless households (i.e. where no parent is working at all) has fallen by 273,000 since May 2010.
So what we have is that 203,000 of those 273,000 have parents that are now working part-time. Given that they're parents (and many of them are single parents bringing up children) - that's only to be expected.
Typical Mirror nonsense.
I'm glad you find it funny, it's not for the poor b******s stuck on them.
Oh God. You're not still banging this drum are you?