Liberal Democrats in Business

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Unemployment Figures Should Have Been Released in the Proper Manner - Cable

7.01.28pm BST (GMT +0100) Tue 12th Sep 2006

Liberal Democrat Shadow Chancellor, Vince Cable MP

Responding to the Prime Minster's announcement of the latest unemployment figures before they had been released officially, Liberal Democrat Shadow Chancellor, Vince Cable MP said: "This suggests a certain naivety on economic policy matters. Employment data is market sensitive, it should be released to the market in a proper manner in agreement with the treasury.

"It does suggest some rather surprising information, since unemployment has now been rising for 15 months. But if there is a genuine change in trend, it should have been released in the correct way."

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[Previous news story]: RPI Ignores Rises in Basic Goods - Oakeshott (Tue 12th Sep 2006).
[Next news story]: Blair's Statement Insensitive and Incorrect - Cable (Thu 14th Sep 2006).

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