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400K more jobless than thought


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HOLA441

"Britain’s jobless crisis is worse than previously thought as new estimates show that more than 400,000 extra people have dropped out of the labour market.

There are now 9.25 million people aged between 16 and 64 who are neither in work nor looking for work, according to the Office for National Statistics (ONS), meaning they are officially classed as “economically inactive”.
Officials have revised the figures upwards because the adult population is almost 750,000 bigger than previously expected, fuelled by greater levels of immigration. 
The bulk of this 750,000 is made up of people who are not working nor looking for work, as the figures show that 172,000 are employed, 30,000 are unemployed and 414,000 are inactive."
 

https://archive.is/HX318

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HOLA446
8 minutes ago, Sackboii said:

Whilst everyone else pays their own leccy bill..

Add those who are now retired, the children, people doing ******** jobs…

On a population of 70mil people I think barely 10ish mil are doing something productive. The rest is basically living on their shoulders. 

Edited by NoHPCinTheUK
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23 minutes ago, petetong said:

"Britain’s jobless crisis is worse than previously thought as new estimates show that more than 400,000 extra people have dropped out of the labour market.

There are now 9.25 million people aged between 16 and 64 who are neither in work nor looking for work, according to the Office for National Statistics (ONS), meaning they are officially classed as “economically inactive”.
Officials have revised the figures upwards because the adult population is almost 750,000 bigger than previously expected, fuelled by greater levels of immigration. 
The bulk of this 750,000 is made up of people who are not working nor looking for work, as the figures show that 172,000 are employed, 30,000 are unemployed and 414,000 are inactive."
 

https://archive.is/HX318

Can that be even close to factual?

That's a lot of people not being productive.

Probably close to 25% of working age population.

Struggling to believe those figures.

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40 minutes ago, Stewy said:

Must be why I'm getting such great pay rises year on year ✓ 

"Almost two decades of ravaging decline has reduced the sixth largest global powerhouse to a “Frankenstein economy”, pock-marked with third-world characteristics: the average Brit’s salary after tax is closer to that of a Puerto Rican than a Swiss citizen." - yeah sure ... 🤣

https://archive.is/Dj56q

 

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48 minutes ago, The Angry Capitalist said:

Can that be even close to factual?

That's a lot of people not being productive.

Probably close to 25% of working age population.

Struggling to believe those figures.

I don’t, I’m the opposite. The amount I pay in taxes and the services I get in response (no dentist, can’t get a Gp appointment, police don’t respond, army not fit for the job, bankrupt council) has completely disconnected.

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1 hour ago, petetong said:

"Britain’s jobless crisis is worse than previously thought as new estimates show that more than 400,000 extra people have dropped out of the labour market.

There are now 9.25 million people aged between 16 and 64 who are neither in work nor looking for work, according to the Office for National Statistics (ONS), meaning they are officially classed as “economically inactive”.
Officials have revised the figures upwards because the adult population is almost 750,000 bigger than previously expected, fuelled by greater levels of immigration. 
The bulk of this 750,000 is made up of people who are not working nor looking for work, as the figures show that 172,000 are employed, 30,000 are unemployed and 414,000 are inactive."
 

https://archive.is/HX318

I have a problem with how productivity is measured. In terms of what is productive for society, not just present but also future, how are they measuring productivity. Simply who earns a wage and who doesn't? If so, that is garbage.

Person A works in a sweet shop, selling candy, earns money from this and is classed as being productive. They have no children and won't have any. An additional factor that could be ignored or thought about is that candy isn't really needed by society.

Person B doesn't earn a salary, spends most of their time raising a family of 3 children. The children will eventually grow up and get jobs as well as have more children, which are essential for society.

Is person B any less important or less productive for society than person A?

Edited by cdd
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47 minutes ago, cdd said:

I have a problem with how productivity is measured. In terms of what is productive for society, not just present but also future, how are they measuring productivity. Simply who earns a wage and who doesn't? If so, that is garbage.

Person A works in a sweet shop, selling candy, earns money from this and is classed as being productive. They have no children and won't have any. An additional factor that could be ignored or thought about is that candy isn't really needed by society.

Person B doesn't earn a salary, spends most of their time raising a family of 3 children. The children will eventually grow up and get jobs as well as have more children, which are essential for society.

Is person B any less important or less productive for society than person A?

How else are they going to measure it ? Children are essential for society, do you think a constantly growing population is necessary then ? 

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1 hour ago, The Angry Capitalist said:

Can that be even close to factual?

That's a lot of people not being productive.

Probably close to 25% of working age population.

Struggling to believe those figures.

Why not ? They will have access to NI and PAYE, tax and benefit payment data, so I imagine they have pretty good idea of who and who isn't working, unless there are a few million working in the black market, which I suppose is possible with illegal immigrants, given I've seen the figure for them to be 1 million plus in reality.

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2 minutes ago, petetong said:

Why not ? They will have access to NI and PAYE, tax and benefit payment data, so I imagine they have pretty good idea of who and who isn't working, unless there are a few million working in the black market, which I suppose is possible with illegal immigrants, given I've seen the figure for them to be 1 million plus in reality.

If it's close to the truth then Britain is in a more worse condition than even I thought.

And I think it's more bad than most.

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24 minutes ago, Housepricecrash91 said:

Labour shortages are good, it should drive up wages... but we all know the government will just import cheap labour to fill the hole

Hence the weird reluctance to do anything about it by successive governments. The jig is up though, even my company has begun canning employees deemed to expensive to keep.

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1 hour ago, cdd said:

I have a problem with how productivity is measured. In terms of what is productive for society, not just present but also future, how are they measuring productivity. Simply who earns a wage and who doesn't? If so, that is garbage.

Person A works in a sweet shop, selling candy, earns money from this and is classed as being productive. They have no children and won't have any. An additional factor that could be ignored or thought about is that candy isn't really needed by society.

Person B doesn't earn a salary, spends most of their time raising a family of 3 children. The children will eventually grow up and get jobs as well as have more children, which are essential for society.

Is person B any less important or less productive for society than person A?

For the sake of my (already pretty crap) teeth I'm glad that my wife is more Person B (but only 2 kids) than person A!

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8 minutes ago, JustAnotherProle said:

Hence the weird reluctance to do anything about it by successive governments. The jig is up though, even my company has begun canning employees deemed to expensive to keep.

The biggest problem the government has is the size of the state and the number of employees working for the Civil Service. The UK is just not productive.

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1 hour ago, cdd said:

I have a problem with how productivity is measured. In terms of what is productive for society, not just present but also future, how are they measuring productivity. Simply who earns a wage and who doesn't? If so, that is garbage.

Person A works in a sweet shop, selling candy, earns money from this and is classed as being productive. They have no children and won't have any. An additional factor that could be ignored or thought about is that candy isn't really needed by society.

Person B doesn't earn a salary, spends most of their time raising a family of 3 children. The children will eventually grow up and get jobs as well as have more children, which are essential for society.

Is person B any less important or less productive for society than person A?

The question is not that is one more important than the other.

The question is without the poor ******* working and paying tax weather he is a cancer consultant or a porn star... whom is paying for person B?  If its person Bs family happy days but if it is not then without a adequate number of people working then B is a drain.

Its morally repulsive that some are paid to make babies whilst others work like stink and pay tax.... and then cannot afford to have some of more children.... literally the start of the film idiocracy.

On twitter there is worrying mass of people bemoaning this and that long covid etc and saying how the government should treat them better and pay for this and that all workplaces and schools should have HEPA filtration etc etc.

We already seem to have more demands than earnings = deficit and now we have a mass of people not working new ones, old ones and sick ones.

When does this human ponzi scheme collapse?

 

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41 minutes ago, Housepricecrash91 said:

Labour shortages are good, it should drive up wages... but we all know the government will just import cheap labour to fill the hole

What makes you think there are labour shortages?

Apply for a job on a site like Indeed and it will show the number of applicants. Normally 100s for those requiring certain skills, sometimes 1000s for concierge/nightshift type roles.

It may be there is a shortage of diligent youngsters in their 20s applying for the roles. But unless the HR and agency folk are honest about this, then the huge number of applicants shows there is a huge shortage of jobs.

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22 minutes ago, JustAnotherProle said:

Hence the weird reluctance to do anything about it by successive governments. The jig is up though, even my company has begun canning employees deemed to expensive to keep.

Nobody wants to be tough.

Must be close to the end of it though millions of people not working with a reducing number of people paying for them with the government taxing them as much as they can whilst racking up debts in their name to pay for it all.

Logically in that situation we would be mega strict on immigration/cut spending and force wages up via the market so that those on benefits get encouraged to work...... nope we have loads of unskilled hotel guests also.

So shocking I think we get a labour tax the rich > the realisation that public servants own lovely houses > move onto filthy business people > massive recession and I hope we get a Milei rather than a hitler.

 

Edited by Fromage Frais
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