ANOTHER ITSY BITSY SIGN OF BRITIAN'S IMPROVED ECONOMIC CONDITION

Britain's unemployment rate hit 7.2 percent in the three months to April as the number of people claiming jobless benefits jumped to 2.26 million, official data showed Wednesday.
"The unemployment rate was 7.2 percent in the three months to April 2009, up 0.7 percentage points from the three months to January 2009 and up 1.9 percentage points from a year earlier," the Office for National Statistics said in a statement.
"The number of unemployed people increased by 232,000 over the quarter and by 605,000 over the year, to reach 2.26 million."
Both the unemployment rate and the number of unemployed stood at their highest levels since 1997 amid a deep recession in Britain.

ENOUGH OF THE GRUMBLING,BRING ON THE GOOD NEWS.

"The claimant count unemployment data boost hopes that the rise in the number of jobless has tailed off appreciably after surging at the beginning of the year," said Howard Archer, chief Britain economist at the IHS Global Insight consultancy in London.
"Specifically, claimant count unemployment rose by 39,300 in May which was the smallest increase for 10 months. This was down from increases of 49,600 in April, 65,500 in March and 136,600 in February," he noted.(SOURCE:YAHOO NEWS)

YES GUYS,even though the claimant count has increased but it has increased by smallest percentage experienced uptil now.maybe as I said earlier their are good indicators but not sufficient to declare that we are coming out of recession.Prominent economists say that UK unemployment rate should reduce by 50,000 to safely declare it recession free.So,the best thing is to wait and watch and pray for the best.