Wednesday, April 16, 2008

Dubious measurements, just like CPI

UK unemployment falls by 39,000

''...UK unemployment fell by 39,000 to 1.61m in the three months to the end of February, government figures show. ...''

Posted by hpwatcher @ 09:58 AM (1326 views)
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19 thoughts on “Dubious measurements, just like CPI

  • tyrellcorporation says:

    LOL, I see them all when I go to the bank during the day. Hundreds of 16 year olds in baseball caps presumably on disability benefits instead as they spend most of their miserable lives stoned out of their skulls! No wonder they aren’t appearing on the unemployment stats, they’re too doped up to find the benefits office or they’re at the pub or in bed.

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  • This is probably because 100,000 East Europians have gone home.

    The polish lager cabinets in Wetherspoons are full to the brim with no-one drinking them.

    Watch out for a big jump in wage inflation!

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  • it_is_going_with_a_bang says:

    Hmmm. I would like to see the figures for where the Jobs are now.
    Not so much who isnt claiming benefits.

    This is very worrying
    “The manufacturing sector was the hardest hit, with 27,000 jobs lost in the three months to February, taking employment in the sector to the lowest since records began in 1978.”

    So where are the jobs then? Service sector and Public sector?
    There is a dangerous game being played here with figures. An ever decreasing number of jobs in the manufacturing sector is terrible news. Gordon should be ashamed.

    Unemployment issues won’t start to take effect for a few months at least. Probably looking at December time before it starts to get nasty there.

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  • Outrageous ! I think almost everyone knows someone who’s lost their job this year. BBC ! We don’t believe you anymore ! Hardly surprising the young don’t want to work though. What do they have to look forward to ? Mini wage and debt.

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  • The only way I can interpret the latest figures as being acurate is to assume that it’s simply a case of people dropping off the register – there are regular reports in the press of major job losses week in week out and yet the official employment figures suggest otherwise.

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  • it’s just GB fighting back, after the bad news this week.
    He’s removed any measurement that would have dragged the figures down….what a con man!

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  • I work on contracts so when i’m not working I can’t claim unemployment benefit because I have savings therefore as far as the government are concerned i’m not unemployed just resting.

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  • “The number of people claiming jobseeker’s allowance in March fell by 1,200 people to 794,300, the fewest claiming such benefits since 1975. ”

    Didn’t the then Labour government go to the IMF because the UK had to be bailed out the following year – in 1976? History repeating itself?

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  • Further on in the article:

    “The ONS also said the number of people claiming jobseeker’s allowance in February rose by 600, instead of a previously reported fall of 2,800. ”

    Oh, so in March, they said that there had been a fall in February, when in fact there had been a rise. I wonder if they will revise the March number next month.

    Seems they get the headline they want [spin] and then sneak out the revision later and hope nobody notices.

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  • it_is_going_with_a_bang says:

    @mrmickey
    Yes that sounds about right. Another person could earn the same as you and spend the lot without a seconds thought about “prudence” and “long term” stability, then walk straight into benefits.

    You on the other hand can go and do all the things that Gordon talks about as being the best way forward. Then when you need a bit of help are told to ‘go away’ because you havent spent all your money.

    Nice Isn’t it.

    A friend of mine was 63 last year. Had to take 6 months off work – painter and decorator – due to ill health ( tumour removed from Lung – luckily not a bad one – phew ). Couldnt claim more than a couple of weeks benefits since he was able to do office work – but not necessarily paint – which would be too physical.

    This is a guy who had never claimed anything in his life. But always paid his taxes. Thats the treatment he gets. Nice isn’t it. So he did a lot of resting.

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  • What amazes me is the way governments tout “full employment”, and then increase the money supply to stimulate demand.

    You don’t need to be a very high level economist to realise that this is simply going to cause inflation. It’s what happened in the 70’s. It’s why monetarists came along and said central banks shouldn’t increase money supply at a greater rate than real output.

    I’m starting to think that the fall out from this irresponsible monetary policy here and in the US is going to be taught in class in thirty years time as an example of what central banks shouldn’t do, just like the 70’s are looked back on now.

    Same on the governments. And shame on the people for not realising what’s about to happen/is happening right now.

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  • Almost 8 million economically inactive…. include those and you have the European wide unemployment rate….

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  • 7. mrmickey said… I am out of work at the moment but because I have savings I can’t claim the dole either…

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  • Lies, lies and more lies. Better get used to it………..

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  • I would love to know how Labour MPs feel about what is going on. Most people in this country with half a brain must realise that we’re being lied to and each month the government issue a shining beacon of lies – the inflation figures. Surely Labour MPs must be getting the message from their constituents that people don’t trust the government, now more than ever. How much longer are they going to allow the spin to continue before they cotton on to the fact that Labour are doomed at the next election?

    Someone on Radio 5 just said “I’m 42. I waited all my adult life for a Labour government and I got this one!”.

    Gordon, just keep those plates spinning a tiny little bit longer…………..

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  • The answer is “Working Tax Credit”. In return for handing over your personal details and a couple of hours part timing it. You get your benefit, fix. WTC is the reason for the false accounting.

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  • am I blocked.. my posts dont seem to appear..or am I too banal?

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  • The Gordon Brown “fiddling the figures bureau” (aka Office of Notional Statistics) makes MUGABE look like an amateur. The longer the deception goes on, the greater the mess we end up with. He has no right destroying the futures of UK citizens in a desperate attempt to cling to power. Many would call that the act of a Traitor!

    Our GB should have heeded a little famous advice from Sir Walter Scott:

    Oh what a tangled web we weave, when first we practice to deceive!

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  • C'mon Correction says:

    My wife is an expert on Nu Labour’s fiddling of the unemployment figures. Once an unemployed person has no luck through the job-centre they go on to job-centre plus, after that (a few months, not sure on exact time) they then FALL out of the unemployment figures and are then directed to other companies such as this –

    https://www.workinglinks.co.uk – who my wife used to work for.

    All the people registered with these companies (this is just one example) are classed as the “long-term unemployed” and don’t appear on the official uk unemployment figures – FACT. My wife used to try find employment for people in the south wales valleys that had NEVER worked since they left school, their age? In their forties – I’m not lying.

    We can only guess what the real % of unemployed people in UK are, mine would be over 10%.

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