UK employment figures stronger than expected – Property Prices to Hold Up

UK employment by just 0.1% over the summer to 72.5 end.

The unemployment rate rose only 30, 000 to reach 2.46m.

So everything is in the British economy in order?

Maybe not.

There are two questions here.

Firstly, the number of people working part-time increased by almost 1 minute. This is the highest figure since records were started in 1992.

Second, the stock markets and house prices are bound to beStimuli from the government, it seems that the jobs are.

The question is – what will happen when these stimuli are removed? And what happens to the 1m part-timers?

The answer to this question will tell you what will happen to property prices.

Obviously, however, as George Soros argues, there is a reflexivity between these factors. That is, if the employment continues to make strong buildings then the value of their current value. In other words, how the market response also determines what something is worth – the market is not just an aggregation of market participants, but the largest market participants themselves.

1m people with part-time or self-employed, we have both an encouraging sign of flexibility in the economy and the risk that these 1m move rapidly into unemployment if economic conditions worsen.

Have 1m people, the unemployment register will create a sharp turn the property price down.

However, assuming that the> UK economy creeps along in its current state, this is unlikely and the UK, house prices can be expected to decrease slowly over the winter months.