Wednesday, Jun 13, 2007
Forget the Spin - Economically Inactive Rise as those In Work Falls
This is Money: Number of 'economically inactive' hits record high
Forget today's 'Official' spin on Unemployment based on 'Jobseekers' Allowance figures the real information is contained within the figures for the total number employed and those who are classed as 'economically inactive'. For a country subject to mass immigration the figures are amazing, economically inactive rise by 77000 and the total number of people in work actually dropped by 10000. Figures reveal that there are 1.7m 'hidden jobless' who should be added to the official claimant count of 900,000 and the real jobless rate for London and the South-East should be 4.6% not 1.6%.
Posted by enuii @ 09:29 PM (172 views) Add Comment
9 Comments
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1. paul said...
According to Will Hutton, the real jobless rate is always around 3x the official unemployment rate.
2. Orwell said...
When did he say that?
3. Orwell said...
More spin from Blur and The Gulper
4. nearly30 said...
Yes pul - the recent article by BBC barely got an eyebrow raise 'Unemployment: Forgotten issue? '
"1979
Unemployment: 1.4m
Public concern: 53% say it is biggest issue facing UK
2007
Unemployment: 1.7m
Public concern: 7% say it is biggest issue facing UK
Source: Unemployment: ONS Labour Force Survey. Public concern: Ipsos Mori
http://news.bbc.co.uk/1/hi/uk_politics/6247345.stm
5. Compounded said...
Very good piece, we do need to build more good quality housing regardless of the HPI and impending crash. Given a choice few want city centre flats, the 60's planners gave us them and many had to be demolished. Nimby's and current planners and speculators have given us lots of them, trouble is the same few want to live in them.
6. enuii said...
Most people, especially FTB's need to be economically active in order to get a mortgage to buy a property, if the total number of economically active people is slowly dropping this to me indicates that the number of properties available will slowly rise. Mind you the flip side is that that nice shiny new apartment block near you may well end up being used by the DHSS as social housing.
7. Rimmer said...
COMPOUNDED
If we didnt have 5 Million ( YES 5 Million ) "Migrant" workers there would be enough houses to accomodate the current UK population, sorry if this sounds right wing but it has to be said >>>>> WE CANNOT KEEP BUILDING HOUSES AND IMPORTING PEOPLE TO LIVE IN THEM !
8. sovietuk said...
It's got to the point now where you can't trust any 'official figures'. The worrying thing is, the more detached from reality the official figures are the greater is the problem that is being created. The 'official' predictions are also nonsense as well. Take immigration - population of Europe set to decline markedly over the next 25 years but a corner stone of Liebour's economic policy is to boost the population dramatically in the UK (we are also incidentally in the premier league in population densities anyway and the Liebour t*ats want to cram more in for good measure). What will happen when Eastern Europeans realise that the UK is not such a good place after all ? Expect Liebour to start promoting mass immigration from other continents to make up the shortfall.
9. Blahblahblah said...
SOVIETUK... alternatively "Liebour" may well start promoting to the mass of British immigrants over the world to make up the shortfall or better still you can join them too if you think it's so bad here!