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Realistbear

Rise In Jobless "unexpected"

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Jobless claimant count shows surprise rise in August
9:30, Wednesday 15 September 2010
LONDON (
Reuters
) - The number of Britons claiming unemployment benefit unexpectedly rose in August for the first time since January but the number of people in work showed a record quarterly rise in the three months to July.
The mixed report is unlikely to alter policymakers' view that Britain's recovery from recession is fragile and will be vulnerable to the deep public spending cuts due to be revealed next month.
The Office for National Statistics said the number of people claiming jobless benefit rose by 2,300 in August after smaller than initially estimated fall of 1,000 in July. That was the first rise since January and confounded analysts forecasts for a fall of 3,000.

With the economy deteriorating, massive jobs cut along with tightening credit and a HPC why would the experts think less people would be claiming the sausage?

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There is also the people who would not otherwise have claimed benefits. Now that reality is setting in, they have no choice because they no longer believe that there is a job just around the corner.

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I imagine the tricks used to manipulate the data failed to produce the desired results.

Falling unemployment, inflation at manageable levels and everything in the garden is rosy.

Regular programming will resume ASAP.

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I wonder how long it will be before many households where one person is still working suddenly produces 2 people signing on?

Good point.

I've tried to 'protect myself' by cutting my hours and only work hours that others don't want but even so, unexpectedly our employer has asked for further cuts. I've offered to cut my hours to 16 from 16.5 out of the kindness of my own heart! 16 hours would mean that if my wife loses her NHS job I'd be able to go straight onto benefits.

If you can hack the grinding poverty P-T is the way to go!

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Another misleading headline:

UK unemployment falls to 2.47 million

The number of people unemployed in the UK fell by 8,000 to 2.47 million in the three months to July, figures show.

However, the figures also showed the claimant count - those out of work and receiving unemployment benefit - rose by 2,300 in August to 1.47 million.

link

Equivalent to a surgeon claiming that the procedure was a complete success, but unfortunately the patient died.

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If you can hack the grinding poverty P-T is the way to go!

Gimme a secure and bearable home - e.g. a council house that's not on a sink estate - and a 90% paycut wouldn't hurt.

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I really wish they would stop the 'unexpected' guff!

Everything is unexpected! The current financial crisis was unexpected! Unemployment figures unexpected!

etc etc etc

All these highly paid experts who waffle on about how things should be and how they will be, reading

off the hymn sheet from 'the church of the current dogma'. Yet they can't get a thing right.

How unexpected!

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http://www.telegraph.co.uk/finance/economics/8003966/Record-rise-in-UK-employment-as-more-students-take-part-time-jobs.html

A jump in students taking part-time jobs has helped propel a record rise in quarterly UK employment.

........

Those in part-time work increased by 166,000 quarter-on-quarter to 7.9m in the three months to July, while the number of full-time workers soared by 121,000 to 21.2m.

More part time workers just what the country needs to repair the whole in govt finances.

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Gimme a secure and bearable home - e.g. a council house that's not on a sink estate - and a 90% paycut wouldn't hurt.

I don't know about other parts of the country but in this semi-rural area I haven't come across sink estates, it just seems that there are problem families dotted around. There are also a good number of houses that are not on estates though it seems that around two thirds of these been sold off.

Sounds like you have a large income, I doubt if you'd really be happy in a council house....I mean....what would people think!?

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With CON-nought now gone , you can ad 4-5,000 this month so if fact its up not down....................but what about all those "Poor" souls on sick?

Mike

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http://www.telegraph.co.uk/finance/economics/8003966/Record-rise-in-UK-employment-as-more-students-take-part-time-jobs.html

More part time workers just what the country needs to repair the whole in govt finances.

You are unexpectedly wrong!

Now that my overtime has been unexpectedly cut I guess I'll be paying around a quid a week in income tax. Hopefully the government will spend this money wisely though.

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Public sector is 1 in 5 jobs.

risen from 5.777 million in Jun08 to 6.051 million Jun10. 274 THOUSAND extra jobs

Private sector has FALLEN from 23.716 million to 23.107million in Jun10. 619 THOUSAND LESS jobs

says something, dontit!

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Thatcher ensured with the sell off of council houses all that would be left was the sink estates.

Where did the Billions of Pounds proceeds of sales of Council Houses end up?

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Where did the Billions of Pounds proceeds of sales of Council Houses end up?

Did they achieve those sorts of sums then?

The Government sold them off so cheaply I'd be surprised if they made any profit, particularly when you take into account initial build costs.

It was just a giant boomer subsidy scheme aimed at giving them the equity they needed to dabble in the BTL game. The government only socialises the losses remember, the proceeds are always privatised and then ring fenced courtesy of the Treasury.

Edited by Chef

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Where did the Billions of Pounds proceeds of sales of Council Houses end up?

Well, I did hear that 75% went to general revenues (or whatever the official term is), 25% went to the LA.

Maybe someone can come up with a better answer..

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Did they achieve those sorts of sums then?

The Government sold them off so cheaply I'd be surprised if they made any profit, particularly when you take into account initial build costs.

It was just a giant boomer subsidy scheme aimed at giving them the equity they needed to dabble in the BTL game. The government only socialises the losses remember, the proceeds are always privatised and then ring fenced courtesy of the Treasury.

Bungalows like the one I'm living in cost 1100 to build in 1953 and my neighbor bought his for 30k in 1994.

Let's give a ball park figure and say 1 million houses at 20K so 20 billion in total.

20 billion was a lot of money in the eighties!

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Bungalows like the one I'm living in cost 1100 to build in 1953 and my neighbor bought his for 30k in 1994.

Let's give a ball park figure and say 1 million houses at 20K so 20 billion in total.

20 billion was a lot of money in the eighties!

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  • 150 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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