Jump to content
House Price Crash Forum
Sign in to follow this  
Joey Buttafueco Jr

Unemployment Numbers

Recommended Posts

UK unemployment climbs to 2.47m

UK unemployment has risen to a 14-year high, taking the jobless rate to 7.9%, official figures show.

The number of people out of work grew by 210,000 to 2.47 million in the three months to July, according to the Office for National Statistics.

BBC News

Up by 210,000 in three months. :blink:

I thought we were recovering? <_<

Share this post


Link to post
Share on other sites

Unemployed are twice as likely to die as those in work.

Unemployment, mortality and the problem of health-related selection: Evidence from the Scottish and England and Wales (ONS) Longitudinal Studies

An examination of the effectiveness of using ‘wear-off’ periods to measure health deterioration during unemployment

Authors: Paul Boyle, Tony Clemens, Frank Popham

Health Statistics Quarterly, vol 43, no Autumn, pp 7-13.

ISSN: 1465-1645

http://www.statistics.gov.uk/CCI/article.a...=1&Rank=160

Published in web format: 26 August 2009 at 9:30 am

More worrying is youth unemployment, if you don't enter the workforce and do nothing else your chances of getting a job start to collapse after

about 12 months of trying.

Share this post


Link to post
Share on other sites
BBC News

Up by 210,000 in three months. :blink:

I thought we were recovering? <_<

It's a lagging indicator, dontcha know?

Actually, it's a jobless recovery.

In fact, it isn't a recovery at all until we see GDP go up...

In double fact, that should be GDP-per-capita, but Nu Lab don't bother with that kind of sophistry.

Share this post


Link to post
Share on other sites

Bugger.

You see that nasty red blob in the middle, the bit with highest unemployment?

Would have to be round my way. :(

Home of the industrial revolution, home of the jobless recovery.

Share this post


Link to post
Share on other sites

Government spending to stimulate the economy boosted employment in the public sector by 13,000 in the three months to June, the figures showed.

This contrasted with a 230,000 fall in private sector workers over the same period, the ONS said.

So not all bad news then.

13,000 secure long term jobs created, all on final salary pensions too.

Share this post


Link to post
Share on other sites
The Public sector is still growing as you say , but remember that the ONS moved all those private sector employees in the banks

over to public sector in one giant monthly blip. After that the new jobs are real Public Sector.

I think you'll probably find they are actually 12-18 month contracts. These massage the figures but dont have any real long term effect ( unlike the job losses ).

Share this post


Link to post
Share on other sites

Full employment is a folly of debt money. It's the Holy Grail of conventional economist's faith religion. There is no need for full employment, we live in a world of plenty.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   296 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.