Wednesday, May 16, 2007
UNEMPLOYMENT.
BBC News: UK Unemployment Edges Up
The number of unemployed in the UK has risen during the first three months of the year, official figures show.
Posted by andy @ 12:32 PM (262 views) Add Comment
14 Comments
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1. Phoneymcringring said...
1.7 million unemployed and 1.5 million immigrant workers (http://www.housepricecrash.co.uk/forum/index.php?showtopic=47554), what's that all about!!
2. royston said...
More people without incomes - it all goes to support my thesis of a steady price drop over the next 30 years, without respite. How else can such a distorted market get bent back into shape?
3. Delboypass said...
whilst we still pay benefits to depressed, alcoholics and obese people as incapacity benefits these figures will always be scewed.
An alcoholic receives about £20,000 from state aid every year....not bad for self induced
UK is defo a nanny state...!
4. tyrellcorporation said...
Off-shoring will increase massively over the next decade - who will pay for the bloated civil service then? This place is totally shafted in the medium to long term; it's the elephant in the room that every politician refuses to see!
5. paul said...
Can't they just sit at home and wait for their properties to earn more than they would gainfully employed?
Isn't that how the economy works now?
6. harold said...
Paul, it's called being a BTL landlord.
7. royston said...
Yeah, and they can channel their BTL earnings through the economy by being a renter themselves...........
8. royston said...
After all, why should you tie up income paying a mortgage on your own home, when you can have that property earning an income for you!
9. mrmickey said...
As I keep on banging on about all that rising house prices prove is that Sterling is a rubbish store of wealth end of story. The only thing holding things together are cheap imports when they dry up this country will look like Zimbabwe.
10. dohousescrashinthewoods said...
hear hear
11. Orwell said...
Oh I don't know, we always have invisibles.
12. The Capitalist said...
Good comments here. Land values are a matter of opinion and do not create wealth - they are not a means of production, although a factor of it (O level economics). UK plc is horribly unbalanced with 10-15% of the economy located in the Square Mile. All manufacturing gone - farming in crisis and lots of theme park/experience type businesses in the nicer rural parts. There are easily 4m out of work in reality and this is during the boom years, God help us when the recession comes...
The pound will be trashed over the next few years and as a country we will be rated Junk status by the IMF and World Bank.
If you are young get out now - go east to Asia and reap the rewards.
13. nearly30 said...
Zimbabwe - is weird to think of it in that way but not beyond the realms of possibility.
It was only some 65 years ago that some mad politicians lied and took a country to war - lied to their people and committed terrible crimes against them and in their names.
You wouldn't have guessed that one was coming either.
Good olde 'Black Swan' moments!!!!
14. Fedupwithhouseprices said...
Delboypass
Your comments are arrogant, judgemental and shallow. Good that everyone else ignored them - I should have too but couldn't let it go without saying something.