juvenal Posted August 11, 2010 Share Posted August 11, 2010 http://www.thesun.co.uk/sol/homepage/news/money/3090953/Jobless-lowest-since-crunch.html Part-time, low wages. Shape of the future again. Quote Link to comment Share on other sites More sharing options...
miko Posted August 11, 2010 Share Posted August 11, 2010 It speaks volums , truth is there is less and less work all the time no matter how they lie about the true number Quote Link to comment Share on other sites More sharing options...
tomwatkins Posted August 12, 2010 Share Posted August 12, 2010 It speaks volums , truth is there is less and less work all the time no matter how they lie about the true number Just think if house prices return to the norm, even overshoot at say 3 times average wage it would mean the average house price would be around thirty grand. Food for thought eh? Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted August 12, 2010 Share Posted August 12, 2010 Oh my. http://www.dailyexpress.co.uk/posts/view/192697/Foreigners-get-77-of-new-jobs-in-Britain-as-too-many-of-us-live-on-benefits-/ FOREIGNERS GET 77% OF NEW JOBS IN BRITAIN AS TOO MANY OF US LIVE ON BENEFITS Story Image EMPLOYMENT: Nearly eight out of 10 starting new job in the past three years were born overseas Thursday August 12,2010 By Alison Little FOREIGN-born workers are snapping up jobs as Britons languish on benefits, Âfigures revealed yesterday. Nearly eight out of 10 people starting a new job in the past three months were born overseas, according to official statistics. The details emerged as Britain was buoyed by its biggest jobs gain for 21 years, with the overall number out of work dropping 49,000 to 2.46 million. But British-born workers are being left behind. Of 188,000 extra people winning jobs in the three months to June some 145,000 – or 77 per cent – were born abroad. Year-on-year figures painted an equally damning picture, revealing that the number of British-born workers fell by 15,000 while the number of foreigners in jobs rose by 114,000. Quote Link to comment Share on other sites More sharing options...
200p Posted August 12, 2010 Share Posted August 12, 2010 If people stop buying Ipods and Ipads, then people can buy their own home then! Quote Link to comment Share on other sites More sharing options...
miko Posted August 12, 2010 Share Posted August 12, 2010 If people stop buying Ipods and Ipads, then people can buy their own home then! Are ipods and ipads the same price as houses then ? Quote Link to comment Share on other sites More sharing options...
aa3 Posted August 12, 2010 Share Posted August 12, 2010 It speaks volums , truth is there is less and less work all the time no matter how they lie about the true number Thats the bottom line.. no matter how much they try to deny it. In the 1930's they had to admit to themselves that there no longer was enough work to go around for the old 60 hour work weeks. The 6 days a week, 10 hours a day industrial standard. And at the same time they instituted vacation time, statuatory holidays, retirements.. all this opened up jobs for millions. Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted August 12, 2010 Share Posted August 12, 2010 http://www.thesun.co.uk/sol/homepage/news/money/3090953/Jobless-lowest-since-crunch.html Part-time, low wages. Shape of the future again. Sounds great, nice work to life balance. Why do you need high wages when you own your house out right? You werent planning on renting forever were you? Quote Link to comment Share on other sites More sharing options...
200p Posted August 12, 2010 Share Posted August 12, 2010 Are ipods and ipads the same price as houses then ? Yep, Ipod and Ipad -The New B*rrat shoebox. Quote Link to comment Share on other sites More sharing options...
miko Posted August 12, 2010 Share Posted August 12, 2010 Sounds great, nice work to life balance. Why do you need high wages when you own your house out right? You werent planning on renting forever were you? Yes great work life balance cut the working week , problem is full time earnings for many do not run a house even if the house is paid for . Are you under the immpresion that those of us who are now mortgage free don't have bills to pay . Quote Link to comment Share on other sites More sharing options...
miko Posted August 12, 2010 Share Posted August 12, 2010 Thats the bottom line.. no matter how much they try to deny it. In the 1930's they had to admit to themselves that there no longer was enough work to go around for the old 60 hour work weeks. The 6 days a week, 10 hours a day industrial standard. And at the same time they instituted vacation time, statuatory holidays, retirements.. all this opened up jobs for millions. Yes and they need to do the same again, however at the moment it seems to be going the opposite way , more and more people who do still have a job are now expected to work longer hours for no extra money. Quote Link to comment Share on other sites More sharing options...
macca Posted August 12, 2010 Share Posted August 12, 2010 We need a return to investment in new technologies and industry to create jobs and real demand. We should all be enjoying much more leisuretime and shorter working weeks by now as promised in the 60s and 70s and that would have freed up the job market and created new industries but also made people more motivated in life, not just work but the powers that be chose to be greedy and are going to pay the price. There are only so many ipods and flat screens you need in one lifetime. I find myself wanting less and less each year and the only thing that matters to me is financial security, good health and quality of life which is getting increasingly more difficult to achieve in the UK. Quote Link to comment Share on other sites More sharing options...
Caveat Mortgagor Posted August 12, 2010 Share Posted August 12, 2010 I feel stupid for picking holes in an article from the Sun, but........ Many people do not know the difference between 'part time' and 'temporary'. It would seem that the Sun journalist has made the same simple mistake, and possibly sent a lot of you barking up the wrong tree. Part time refers to how many hours per week. Temporary gives an indication of the longevity of the position. The article has the headline stating part time workers, but the detail says the majority of roles are temporary. They do not mean the same thing. If indeed the majority of these roles are temporary rather than part time, then it rings true with my own experience. Many of my clients (I work in tech and ind recruitment) are bringing people in on a temporary basis. Got loads of work on now, dont want to commit to making role permanent just yet; all want to wait and see for a few months. In fact a lot have been 'waiting' and 'seeing' for as much as 6 months already. These companies are throwing full time hours and (some) weekend overtime at full overtime rates. They arent even thinking about shaving down the hourly costs. The only concern they have is they cannot predict where they will be in 6 months time. Seriously, you should not jump to the conclusion that those in new jobs are automatically earning less then they are used to. Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted August 12, 2010 Share Posted August 12, 2010 amazing how they are constantly fiddling figures. i guess this has always happened eh ? Quote Link to comment Share on other sites More sharing options...
SarahBell Posted August 12, 2010 Share Posted August 12, 2010 And what if they're part time and temporary? Quote Link to comment Share on other sites More sharing options...
huw Posted August 12, 2010 Share Posted August 12, 2010 Are ipods and ipads the same price as houses then ? They don't need to be for him to be (broadly) right, if our trade deficit gets recycled back into our "high order" money supply in the form of mortgage-backed securities and similar instruments. Which seems very likely -- how else is our excess consumption to be funded? Quote Link to comment Share on other sites More sharing options...
Snugglybear Posted August 12, 2010 Share Posted August 12, 2010 Typical of The Sun. The 115,000 jobs were part-time, not temporary. The staff in the redtop rag's office don't know the difference. Same story, same figures, different sources. The Sun "The job numbers were boosted by yet another rise in the size of the part-time workforce. Some 115,000 of the 184,000 rise in employment was down to new temporary roles. " The Grauniad "The data on employment was more positive. The number of people in work jumped by 184,000 on the quarter to reach 29.02 million. It was the largest quarterly rise since 1989. But following the deepest recession in decades, the employment level is still more than 500,000 below where it was two years ago. Echoing business surveys signalling firms are wary about their prospects given the fiscal squeeze and troubles in key export markets, the ONS said the quarterly increase in total employment was mainly driven by part-time workers. They increased by 115,000 on the quarter to reach 7.84 million, the highest figure since comparable records began in 1992." Office for National Statistics "The number of people in employment aged 16 and over increased by 184,000 on the quarter to reach 29.02 million. This is the largest quarterly increase in the number of people in employment since 1989. Employment is up 104,000 on the year but is 507,000 lower than two years previously. The quarterly increase in total employment was mainly driven by part-time workers, which increased by 115,000 on the quarter to reach 7.84 million, the highest figure since comparable records began in 1992. The number of full-time workers increased by 68,000 on the quarter to reach 21.18 million. " Quote Link to comment Share on other sites More sharing options...
mightytharg Posted August 12, 2010 Share Posted August 12, 2010 , the ONS said the quarterly increase in total employment was mainly driven by part-time workers. They increased by 115,000 on the quarter to reach 7.84 million, the highest figure since comparable records began in 1992." Unemployment benefit £60/week Say you're an alcoholic - disability £67/week, go buy some booze Say you're working part time - working tax credits £166/week (typical, depends on family size, etc) This could be the reason. Pretty scary if it is. All an unemployed person has to do is say they're no longer unemployed and instead are self-employed. e.g. "I'm self-employed spending sixteen hours a week collecting my own tummy-button fluff and selling it on ebay - no profits yet, but I'm hoping". Suddenly they get more than twice as much in handouts. Government figures look good, scrounger is happy - honest people scammed again. Quote Link to comment Share on other sites More sharing options...
erranta Posted August 12, 2010 Share Posted August 12, 2010 The employers are the ones destroying the country. They are quickening the spiral to total economic collapse thru their greed in not paying a 'living' wage & importing 'cheaper' foreigners! If the poles alone are saving and sending home nearly 2 Billion £'s a year (not spent on buying things in this country) - just imagine the total from all the others. There will soon be very few left who can afford to buy their goods/produce, eat out in a restaurant or stay in for instance a hotel! Quote Link to comment Share on other sites More sharing options...
NEO72 Posted August 12, 2010 Share Posted August 12, 2010 I wonder how many of these new jobs have come about as the results of Gordo's final p1ss up? Also interested to know what effect this new 'part-time recovery' will have on house prices - presumably, average household income will drop lowering 1) ability to service mortgages 2) the size of new mortgages. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted August 12, 2010 Share Posted August 12, 2010 ...yes...case of the taxpayer subsidising the big employers....hire part time at low wage rates and let the taxpayer pick up the divide from a living wage...also massages Government statistics reflecting more people employed two part time instead of one full time and neglecting the fact they are all claiming benefits to survive....part of the Gordo road to ruin.....'don't just scorch the earth ..eat it'... Quote Link to comment Share on other sites More sharing options...
Britney's Piers Posted August 12, 2010 Share Posted August 12, 2010 (edited) Are ipods and ipads the same price as houses then ? It's heading for that. I mean, 600 GBP for a phone? I thought the price of tech was suposed to perpetually deflate. Edited August 12, 2010 by Britney's Piers Quote Link to comment Share on other sites More sharing options...
libspero Posted August 12, 2010 Share Posted August 12, 2010 (edited) I'm also hearing stories about government agencies taking students on very short contracts just to take them out of the unemployment figures. Edited August 12, 2010 by libspero Quote Link to comment Share on other sites More sharing options...
winkie Posted August 12, 2010 Share Posted August 12, 2010 I wonder how many of the part timers are working simply to use the money to pay back yesterdays credit...not exactly being recycled back into the economy...I suppose the tax man benefits from it. Quote Link to comment Share on other sites More sharing options...
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