Three further signs that the economy is picking up:

Further to my blog last week about signs that the Economy is beginning to pick up, I have noticed three further indicators that show this is the case. The latest figures show:

1. “that there are more vacancies, there being 476,000 available at any one time – a rise of 11,000 on the three months to October 2011.

2. “there are less inactive people (out of work and not looking for employment) –this figure has fallen by 78,000.

3. “that retail sales volumes rose 0.9% on top of the 0.6% increase seen in December (1).

-This is all extremely encouraging…

(1). ONS, 17 February 2012

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