Jump to content
House Price Crash Forum
Realistbear

60,000 Council Works Lose Jobs

Recommended Posts

http://uk.news.yahoo.com/4/20101201/tuk-council-job-losses-top-60000-dba1618.html

Council job losses top 60,000
1 hour 24 mins ago
The GMB union, which has been tracking local authority cutbacks in recent weeks, said parts of the country were witnessing the "wholesale dismantling" of public services.
The latest councils to announce job cuts included Birmingham (almost 2,500 jobs), Coventry (1,000), Buckinghamshire (500), Tower Hamlets in London (500) and Hounslow in London (400), said the union.

Given that these are among the highest paid jobs it will impact house prices eventually.

It looks like the trigger may be forming: mass unemployment.

Edited by Realistbear

Share this post


Link to post
Share on other sites

Not seeing any sign of this in my part of the World.

Are these real actul jobs that are going today, this week, by next April or just claims of jobs going?

I keep seeing claims of a 1,000 here, 3,000 there but then nothing happens.

I can only assume the people being fired are not complaining due to the pay-offs they rae receiving. If these numbers were going you would expect some protests?

Share this post


Link to post
Share on other sites

Not seeing any sign of this in my part of the World.

Are these real actul jobs that are going today, this week, by next April or just claims of jobs going?

I keep seeing claims of a 1,000 here, 3,000 there but then nothing happens.

I can only assume the people being fired are not complaining due to the pay-offs they rae receiving. If these numbers were going you would expect some protests?

Critical mass not yet reached. 60,000 jobs is nothing and they reckon that among that many people only about 10,000 mortgages will go unpaid.

Wait until the tally is 250k and THEN you will start to see some panic as they try to unload their houses before the repo man comes a-knocking.

Share this post


Link to post
Share on other sites

Not seeing any sign of this in my part of the World.

Are these real actul jobs that are going today, this week, by next April or just claims of jobs going?

I keep seeing claims of a 1,000 here, 3,000 there but then nothing happens.

I can only assume the people being fired are not complaining due to the pay-offs they rae receiving. If these numbers were going you would expect some protests?

Yes, bit of a phoney war on jobs since the election. Lots of talks of numbers being cut, but nothing I have noticed.

I guess that Union quoted those figures to scare a few more people into the union.

Share this post


Link to post
Share on other sites

Critical mass not yet reached. 60,000 jobs is nothing and they reckon that among that many people only about 10,000 mortgages will go unpaid.

Wait until the tally is 250k and THEN you will start to see some panic as they try to unload their houses before the repo man comes a-knocking.

SMI?

Share this post


Link to post
Share on other sites

It seems that when "1000 jobs cuts" are announced, that's probably 1000 jobs over the next 4 years after encouraging people to take early retirement etc.. so it's imperceptible.

Share this post


Link to post
Share on other sites

It seems that when "1000 jobs cuts" are announced, that's probably 1000 jobs over the next 4 years after encouraging people to take early retirement etc.. so it's imperceptible.

Same with the police , they say thousands of jobs will go but they mean positions not people getting their P45.

Share this post


Link to post
Share on other sites

It seems that when "1000 jobs cuts" are announced, that's probably 1000 jobs over the next 4 years after encouraging people to take early retirement etc.. so it's imperceptible.

plus letting all the contract/temporary staff go.

No rights, no right to complain.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 277 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%



×
×
  • Create New...

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.