Unemployment rises slightly as inflation falls

Fri, 16 Jul 2010

Treasury Minister Anne Craine MHK

The Treasury Minister says she is pleased with the unemployment and inflation figures for June.

It was announced this morning that unemployment on the Isle of Man stood at 794 at the end of last month, an increase of two on the previous month.

Anne Craine says this is good news as Manx students were returning from university in June, which would usually push unemployment up further.

She's also welcomed a slight fall in the retail prices index from 5.6% to 5.3% [play clip]