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Unemployment!

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http://www.sky.com/skynews/article/0,,30400-13463689,00.html

What surprised me about this article was that economic commentators had not expected the steep rise in unemployment. Do these people get everything from historical data and do they never open their curtains?

Many of the new jobs over the past 10 years have been created on the back of public spending or private borrowing. Public spending is eroding our competetiveness and this is costing sustainable jobs (we see layoff anouncements almost every day). With private debt at stratospheric levels, retail jobs also look set for a rapid decline.

I don't see we can get back to a more sustainable employment picture without considerable economic pain and job loss. Why are so few economic comentators concerned current trends?

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http://www.sky.com/skynews/article/0,,30400-13463689,00.html

What surprised me about this article was that economic commentators had not expected the steep rise in unemployment. Do these people get everything from historical data and do they never open their curtains?

Many of the new jobs over the past 10 years have been created on the back of public spending or private borrowing. Public spending is eroding our competetiveness and this is costing sustainable jobs (we see layoff anouncements almost every day). With private debt at stratospheric levels, retail jobs also look set for a rapid decline.

I don't see we can get back to a more sustainable employment picture without considerable economic pain and job loss. Why are so few economic comentators concerned current trends?

Funnily enough the BBC report this news with the headline: Uk unemployment rate holds steady!

http://news.bbc.co.uk/1/hi/business/4441570.stm

which it clearly hasn't...

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http://www.sky.com/skynews/article/0,,30400-13463689,00.html

Many of the new jobs over the past 10 years have been created on the back of public spending or private borrowing.

Indeed, but the public sector jobs spree is about to come to an abrupt halt.

Apparently GB's money's now been spent and recruitment is slowing rapidly.

I know someone who works for a large publishing house which produces magazines that make their money from public sector job-sections. Most of these mags are findind it hard at the moment

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The fact that 1/2 million public sector workers have been "employed" rather than stagnated on their previous dole cheques is a constant reminder how short sighted GB is.

No more money in the pot..where can we save money...

I would not mind if we did actually see improved services but we dont do we..myopic Brown, twattish Blair

Bring it on..

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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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