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loginandtonic

Will Unemployment Hit About 4 Million? £2.3 Trillion Od If Dd.

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Do you think unemployment will reach 3.8 million? I reckon the real figure is already well beyond that but has been massaged by various tricks including students into higher ed. We have the most students ever in higher ed btw.

CEBR thinks 3.8m is poss. http://uk.news.yahoo.com/21/20090730/tuk-u...8m-6323e80.html

Britain's national debt could soar above £2.3 trillion and unemployment could hit 3.8 million if the country suffers a "double dip" recession, an independent economic forecaster has warned.

Have your say: Employment

The Centre for Economics and Business Research (CEBR) warned of a "black hole in the public finances" if the UK economy does not recover as swiftly as predicted by Chancellor Alistair Darling in the Budget in April....

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Do you think unemployment will reach 3.8 million? I reckon the real figure is already well beyond that but has been massaged by various tricks including students into higher ed. We have the most students ever in higher ed btw.

CEBR thinks 3.8m is poss. http://uk.news.yahoo.com/21/20090730/tuk-u...8m-6323e80.html

5 million seems like a nice round number. This is a Gordon Brown recessepression after all.

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Labour wont let it. Although in reality a mass of graduates and school leavers will become unemployed over the next month or so they are ALL to be offered jobs or training. Training most likely being sat in an unheated portakabin filling in crossword puzzles.

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5 million seems like a nice round number. This is a Gordon Brown recessepression after all.

:lol:

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In Brownviet Britain, all the citizens are automatically allocated employment or training. I myself work as a technician in School 1,247.

Praise be our glorious leader,

Loginandtonic.

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I think 3m by the end of this year, then who knows where the peak will be. I fear 4m by the end of 2010.

However what the real figure is will be very hard to come by, how many individuals will be off the figures because there partner works and they don't qualify for income support once JSA finishes?

How many will get shoved on training courses or other nice schemes where you suddenly don't count as unemployed.

Aren't we already approaching somewhere in the region of 6m if you take all of those on incapacity into the figures?

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I think 3m by the end of this year, then who knows where the peak will be. I fear 4m by the end of 2010.

However what the real figure is will be very hard to come by, how many individuals will be off the figures because there partner works and they don't qualify for income support once JSA finishes?

How many will get shoved on training courses or other nice schemes where you suddenly don't count as unemployed.

Aren't we already approaching somewhere in the region of 6m if you take all of those on incapacity into the figures?

i once worked it out on the back of a fag packet and in the middle of the "boom" it was 6m unemployed, so must be around 8m now, perhaps more. i note some of my neighbours no longer seem to be at work, if thats multiplied across east anglia/south east then...?

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Oh dear. As unemployment rises so will house prices :(

How did us bears not realise this would happen? :(:(

Never mind gold, residential property will go stratospheric

Edited by Laura

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Oh dear. As unemployment rises so will house prices :(

How did us bears not realise this would happen? :(:(

Never mind gold, residential property will go stratospheric

savvy BTL investore are expanding their portfolios while pwoperdy is SO CHEAP.

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Guest Steve Cook
Labour wont let it. Although in reality a mass of graduates and school leavers will become unemployed over the next month or so they are ALL to be offered jobs or training. Training most likely being sat in an unheated portakabin filling in crossword puzzles.

:lol::lol:

That'll be about the size of it

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i once worked it out on the back of a fag packet and in the middle of the "boom" it was 6m unemployed, so must be around 8m now, perhaps more. i note some of my neighbours no longer seem to be at work, if thats multiplied across east anglia/south east then...?

Will Hutton has always said since early 2000 that the actual unemployment rate is around three times the official figure. on that basis, three million technically unemployed, another six million 'economically inactive'.

So right about now we'll have around 8 million not earning any money.

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It will be 3 million even before the public sector clearouts begin. I think 5 million is very possible.

Still, at least we can do what we did last time, and throw North Sea oil revenues at the problem.

Oh, hang on......

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... three million technically unemployed, another six million 'economically inactive'.

So right about now we'll have around 8 million not earning any money.

And all the old people - they are "inactive" too.

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Will Hutton has always said since early 2000 that the actual unemployment rate is around three times the official figure. on that basis, three million technically unemployed, another six million 'economically inactive'.

So right about now we'll have around 8 million not earning any money.

i didnt even know he said that, thats one thing i'd agree with him on, then. i've long suspected that to be the case.

as for training, will it be like so many of these courses seen on tv ('secret filming') where everyone sits in a room at exam time and the tutor reads out multiple choice answers winking as he reads the correct one or just simply states "Question 4, answer is 8mm and 0.4 microns. Question 5, legionella. Question 6, Cliff Richard..."

Edited by loginandtonic

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You are forgetting the children, how dare you forget about the children.

Won't someone think of the poor dear children.

Ill-mannered undisciplined violent whining brats most of them.

I wish I could forget about them but it is the holiday season & some parents drag their poorly-programmed never-satisfied ghastlies over here <_<

Luckily on a Friday few Brit holiday makers go food shopping so yesterday was bliss for me doing a big shop on the coast.

All the kids in the shops were Portuguese & guess what? - Not a single whine or complaint was heard, & no gangs of yobs hanging around either.

Oh sorry, I am off-topic :)

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