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Numani

Uk Labour Market

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http://www.statistics.gov.uk/cci/nugget.asp?id=12

snippets:

The trend in the employment rate may have started to fall and the unemployment rate is close to flat. The claimant count of people claiming Jobseeker's Allowance benefit increased for the sixth month in succession.

The claimant count increased by 2,800 to 866,000 in July 2005. The claimant count has increased for six consecutive months and is 52,200 higher than the recent low point in January 2005.

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I think unemployment will be 'The One Ring to Rule Them All' when it comes to a house price crash. Seems to be surprisingly overlooked on the forums.

It really does underpin everything.

Only when this cherry gets popped can I see the HPC reaching 'cruise speed' circa 1% falls per month.

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I think unemployment will be 'The One Ring to Rule Them All' when it comes to a house price crash.  Seems to be surprisingly overlooked on the forums.

It really does underpin everything.

Only when this cherry gets popped can I see the HPC reaching 'cruise speed' circa 1% falls per month.

I agree there needs to be more focus on this and its circular impact on overall demand in the economy.This will really hammer sentiment and get us to cruise speed much more quickly.

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Unemployment total up by 27,800

The number of people claiming Jobseeker's Allowance has risen for the sixth month in a row - the longest stretch of increases in nearly 13 years.

The so-called claimant count rose by 2,800 in July to 866,000, an increase of 27,800 from a year ago.

Total unemployment, including people not eligible for benefit, rose by 27,000 over the quarter to June to 1.42 million. The rise affected mainly women.

But the number of people in work fell by 16,000 over the quarter to 28.59 million.

Meanwhile, the number of people classed as economically inactive, including those on early retirement, students or those with caring responsibilities, increased by 37,000 over the last quarter to 7.9 million.

Other data from the Office for National Statistics showed that average earnings, including bonuses, lifted by 4.2% during the year to June - up by 0.1 percentage points on the previous month.

Wage growth in the public sector was 5.6%, including bonuses, unchanged on the month, while the private sector saw wages grow by 3.8%, also unchanged.

Manufacturing job losses continued, with employment in the sector falling to 3.2 million in the three months to June.

This represented a total fall of 86,000 on the same period a year ago.

The UK continues to have one of the lowest unemployment rates in the developed world.  http://channels.aolsvc.co.uk/news/article....n&p=news&c=news

N.B Link will only work for AOL members.

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http://www.statistics.gov.uk/cci/nugget.asp?id=12

snippets:

The trend in the employment rate may have started to fall and the unemployment rate is close to flat. The claimant count of people claiming Jobseeker's Allowance benefit increased for the sixth month in succession.

The claimant count increased by 2,800 to 866,000 in July 2005. The claimant count has increased for six consecutive months and is 52,200 higher than the recent low point in January 2005.

Look at the graph, unemployment rate is at lowest right at the time of house price peak last June. Not that they are connected no,no,no who am I to disagree with Kate Barker, what a muppet.

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Guest Charlie The Tramp
The unemployment rate was 4.7 per cent, up slightly from the previous quarter but lower than a year ago. The number of unemployed people increased by 27,000 over the quarter but fell by 24,000 over the year, to reach 1.42 million. More unemployed women accounted for most of the quarterly increase in unemployment.

Unemployment officially 1.47 million, watch that grow to 2 million mid 2006, and thousands of cheap labour immigrants still arriving from Eastern Europe misplacing the indigenous workforce.

Many women now work to pay towards the heavy mortgage debt many families are in, could be another reason why repos have started to increase.

Edited by Charlie The Tramp

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Unemployment officially 1.47 million, watch that grow to 2 million mid 2006, and thousands of cheap labour immigrants still arriving from Eastern Europe misplacing the indigenous workforce.

Many women now work to pay towards the heavy mortgage debt many families are in, could be another reason why repos have started to increase.

Care to hazard an unofficial guess at the true numbers Charlie?.

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Unemployment officially 1.47 million, watch that grow to 2 million mid 2006, and thousands of cheap labour immigrants still arriving from Eastern Europe misplacing the indigenous workforce.

Many women now work to pay towards the heavy mortgage debt many families are in, could be another reason why repos have started to increase.

The spanners who have put this train in motion really haven't thought about where the train is destined for. A combination of German post-unification style unemployment where excess jobs are rapidly sucked from the market (or existing ones displaced) and debt levels far far outstripping those of Germany. Result, huge levels of default.

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Guest Charlie The Tramp
Care to hazard an unofficial guess at the true numbers Charlie?.

How about four million. Seriously. :(

In the days of the old Labour Governments the media pounded them when unemployment went over the million, even 800k got the Tory Press slagging them off.

My how things have changed. :blink:

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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