geoffk Posted July 15, 2009 Share Posted July 15, 2009 I agree with the first paragraph - we are now into a long, slow, grind down. Another 3-5 years. Recovery will always come, though. recovery to what...full employment? 3 million jobless? or 2007 levels of borrowing...not a chance... Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted July 15, 2009 Share Posted July 15, 2009 It is still WORSE THAN EVER!!!Worse than the last recession certainly and last recession gave us 20% of falls we have now 20% of falls on the back of the credit crunch alone and are going for at least another 20% (as in the last recession) on the back of the unemployment "It is still WORSE THAN EVER!!!" From where are you sourcing your data, because I thought we only had records going back to 1971? Quote Link to comment Share on other sites More sharing options...
geoffk Posted July 15, 2009 Share Posted July 15, 2009 Tell me I'm wrong but, if you declare yourself self employed and do a minimum of 16 hours doing 'something' you can claim working or childrens tax credits which can be a lot more than the 60 odd quid a week from JSA.This time of year get started as a grass cutter, window cleaner, driveway cleaner or something. you sir are correct..but how many people realize they can do this.. Quote Link to comment Share on other sites More sharing options...
MOP Posted July 15, 2009 Share Posted July 15, 2009 Agreed. Let's face, it, JSA is such a pissant amount that many people don't even bother the indignity of claiming it. This is the case for a couple of people I used to work with. Quote Link to comment Share on other sites More sharing options...
MOP Posted July 15, 2009 Share Posted July 15, 2009 If you look at what was expected, three out of four of this mornings numbers were better than expected. Oh FFS. Quote Link to comment Share on other sites More sharing options...
sammysnake Posted July 15, 2009 Share Posted July 15, 2009 green shoots of recovery protect yourselves people, don't use cash. Don't make major purchases Punish this government into oblivion. Quote Link to comment Share on other sites More sharing options...
HPC001 Posted July 15, 2009 Share Posted July 15, 2009 (edited) Won't these unemployed be needing the mortgage/rent help that JSA makes them eligible for? Unless they live with relatives that is... I'll be off the stats if my degree goes ahead as offered and living off a loan so thats more money for the lucky BTL I decide to rent from.. Edited July 15, 2009 by HPC001 Quote Link to comment Share on other sites More sharing options...
Guest spp Posted July 15, 2009 Share Posted July 15, 2009 Until we have a NEW REAL economy or at least except the last one was phony...The U.K is going to be flucked for a very long time! The more our government tries to prop the phony one up, the greater the chance of meltdown IMO. It could be like pushing a dingy out to sea. Where the U.K is the dingy which gets pushed up North towards....Iceland. Ooo now there's a thought! Quote Link to comment Share on other sites More sharing options...
mattydread Posted July 15, 2009 Share Posted July 15, 2009 I think UB40 should reform.http://www.ub40.co.uk/discography/lyrics/p...ms/oneinten.php The Specials have got the timing right again. Quote Link to comment Share on other sites More sharing options...
HPC001 Posted July 15, 2009 Share Posted July 15, 2009 I guess I could take my skills elsewhere, hell Mumbai is the world's new technology\IT centre..if I land a job with the right firm I don't see any problem with getting entry... Quote Link to comment Share on other sites More sharing options...
manbearpig Posted July 15, 2009 Share Posted July 15, 2009 I guess I could take my skills elsewhere, hell Mumbai is the world's new technology\IT centre..if I land a job with the right firm I don't see any problem with getting entry... Having been to Mumbai, I would strongly discourage that! Its a a disease ridden, rat infested, overpopulated shithole. Think about the tube at peak times, and times it by 10, and thats the good parts of Mumbai. Hong Kong on the other hand is fantastic. Quote Link to comment Share on other sites More sharing options...
HPC001 Posted July 15, 2009 Share Posted July 15, 2009 Having been to Mumbai, I would strongly discourage that! Its a a disease ridden, rat infested, overpopulated shithole. Think about the tube at peak times, and times it by 10, and thats the good parts of Mumbai. Hong Kong on the other hand is fantastic. Can't be worse than 1990s Pakistan\Afghanistan As for Hong Kong, depends on which multinational I can get a job with... Quote Link to comment Share on other sites More sharing options...
24gray24 Posted July 15, 2009 Share Posted July 15, 2009 The majority view seems to be that falls in property prices will not exceed 2% a month until Christmas. IMO, the rate of fall is not really within the government's control, and could accelerate alarmingly if any one of several things happen: Run on the pound so rates have to rise dramatically. More major banks going bust (inevitable once US bail outs stop) Violence starting. Floods. Major corporations going bust (eg BA) In other words, only if nothing bad happens will the falls continue to be gently down (driven by increases in mortgage conditions). I'm not that optimistic. Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted July 15, 2009 Share Posted July 15, 2009 Except the number that counted. Can you provide relative weightings please Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted July 15, 2009 Share Posted July 15, 2009 Oh FFS. Agreed Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 15, 2009 Share Posted July 15, 2009 "It is still WORSE THAN EVER!!!"From where are you sourcing your data, because I thought we only had records going back to 1971? Great Britain Historical Database : Labour Markets Database, Government Unemployment Statistics, 1901-1939 There's this but you may have to pay to access it, although I may have access via work. Unemployment and the UK labour market before, during and after the Golden Age I'll see if I can access this tomorrow and see what it says. http://www.port.ac.uk/research/gbhgis/abou...bhistoricalgis/ http://edina.ed.ac.uk/ukborders/ Not sure what data is held here. Quote Link to comment Share on other sites More sharing options...
threetimesdead Posted July 15, 2009 Share Posted July 15, 2009 "It is still WORSE THAN EVER!!!"From where are you sourcing your data, because I thought we only had records going back to 1971? Correct - worse than ever on record No need to pretend to be an idiot or confuse the rest on here Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 15, 2009 Share Posted July 15, 2009 http://www.cpag.org.uk/info/Povertyarticle...2/80percent.htm An 80 per cent employment rateThe government wants to raise the UK employment rate to 80 per cent, which could make a real difference to the level of poverty in this country. The objective is ambitious but achievable, providing the government plans to achieve it over the long term, investing in high-quality support for those who need it most. But, warns Richard Exell, any attempt to rush things, or to put unfair pressure on disabled people and other disadvantaged claimants, would put the whole enterprise in a different light – and probably doom it to failure. From 2005 Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 15, 2009 Share Posted July 15, 2009 http://www.palgrave.com/products/title.aspx?PID=275958 International Historical Statistics 1750-2005: Europe International Historical Statistics; Europe 1750-2005 is the latest edition of the most authoritative collection of statistics available. Updated to 2005 wherever possible, it provides key economic and social indicators for European countries over the last 255 years, serving as an essential reference source. Provides statistical data in easy to use tables, for the last 255 years (where available) of every country in the European continent, covering: Population & Vital Statistics Labour Force Agriculture Industry External Trade Transport & Communication Prices Education National Accounts These are provided in a detailed series of subsets: eg unemployment figures, coal production figures etc. In addition, Mitchell provides a useful guide to primary statistical sources worldwide I would suggest this book will have some good stats. Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted July 15, 2009 Share Posted July 15, 2009 Correct - worse than ever on recordNo need to pretend to be an idiot or confuse the rest on here Agreed Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted July 15, 2009 Share Posted July 15, 2009 Great Britain Historical Database : Labour Markets Database, Government Unemployment Statistics, 1901-1939There's this but you may have to pay to access it, although I may have access via work. Unemployment and the UK labour market before, during and after the Golden Age I'll see if I can access this tomorrow and see what it says. http://www.port.ac.uk/research/gbhgis/abou...bhistoricalgis/ http://edina.ed.ac.uk/ukborders/ Not sure what data is held here. Would be interested to see how it compares with early 30s, assuming like for like comparison Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 16, 2009 Share Posted July 16, 2009 Graph from the gloden age paper. We just now need to work out how they collected the numbers in the past, I would suggest the female count would have been less in the past. Quote Link to comment Share on other sites More sharing options...
Lander Posted July 16, 2009 Share Posted July 16, 2009 (edited) US Job losses in the Great Recession vs. in the Great Depression article The US is entering great depression II. When America sneezes... Edited July 16, 2009 by Lander Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted July 16, 2009 Share Posted July 16, 2009 Graph from the gloden age paper. We just now need to work out how they collected the numbers in the past, I would suggest the female count would have been less in the past. http://www.marketoracle.co.uk/Article12068.html How do we take into account the economically inactive fudge? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 16, 2009 Share Posted July 16, 2009 http://www.marketoracle.co.uk/Article12068.htmlHow do we take into account the economically inactive fudge? It's difficult, the numbers have been fudged for so long that historical comparison becomes difficult. Pre war most females didn't count as once the family started there work was over as they had become full time mothers etc... Then you get the post war fudge in the 80's under the Tories with the move to not counting invalidity claimants as unemployed, under 18's not counting etc..... So would the different fudging balance themselves out? Quote Link to comment Share on other sites More sharing options...
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