Wednesday, November 14, 2007

what are the other 800,000 people living on?

UK unemployment total increases

if there are 1.67 million people unemployed... only 824,000 claiming benefits... what are the others living on? Something does not add up, they cant be all sick???Can they??? Or is this how they fiddle the figures???

Posted by mark @ 08:22 AM (639 views)
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4 thoughts on “what are the other 800,000 people living on?

  • dohousescrashinthewoods says:

    1. No more boom and bust – what’s this decade-long boom about then?
    2. Strong economy – see a) credit crunch, 2) consumer debt 3) MEW halting
    3. Shortage of properties – see a) Buy-to-leave-empty b) BTLs dumping and fleeing
    4. Low unemployment – [this just in..]

    So, next time the man from the Halifax says “Strong economic fundamentals and a shortage of properties for sale will ensure a gentle slowdown with a rose-feather-soft landing”, Confused76 can give him a call and introduce him to that trademark booming maniacal laugh.

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  • eyeoftheweasel says:

    The official unemployment figures only count those actively seeking work and receiving benefits. This makes the figure for unemployment in this country much lower than it should be. If you have savings above a fairly low amount (can’t remember off the top of my head what it is, but I think it is £4000), you don’t qualify for income support or (at different cut-off levels for savings) housing benefit or coucil tax benefit. Likewise if you are unemployed but married/living with a partner who is working, you don’t qualify (unlike taxes where everone is treated as an individual – maximising the amount flowing into Gordon’s coffers and minimising the amount flowing out through benefits).

    Unemployment benefit wasn’t means tested (although was dependent on National Insurance contributions) but that benefit stopped after a year of unemployment. Then Gordon got his hands on it in ’97 or whenever and replaced it with Job Seekers Allowance which is exactly the same but ends after only 6 months. Therefore, after 6 months many people miraculously cease to be unemployed (unless they manage to qualify for another benefit), even though they haven’t actually managed to find a job.

    There are many other dodgy ways that these figures are massaged as well, such as forcing the unemployed to go on job seekers workshops of dubious value (and probably only for half a day a week). People on these workshops are considered to be in training (although might still be receiving benefits), so once again suddenly disappear from the unemployemnt figures.

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  • eyeoftheweasel says:

    Forgot to mention, I work in IT. About 4/5 years ago there was a lot of unemployment in IT, but because many of those people had reasonable savings often wouldn’t have been counted in the unemploment figures.

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  • Not sure about jobseekers allowance, but I’ve looked up housing benefit and it only kicks in if you have less than £6000 of savings. If your savings are £6k – £16k it gradually decreases, and if you have over £16k in savings you get no housing benefit at all. The moral here is that if you have £16k and are unemployed, go out and buy yourself a £10k car. You’ll save the money in rent and benefits!

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