Thursday, Dec 17, 2009

"Unemploment not as high as expected", hers why!


Yet close study of the figures ­suggested the full depth of the jobs crisis was being masked by the boom in taxpayer-funded employment.
Only 29,000 jobs were created in private firms over the three-month period, showing that nearly half of all new jobs created in Britain are currently in Government service.

Posted by waitingtobuy @ 02:59 PM (1778 views)
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1. stillthinking said...

97,000 it developer roles advertised to date for 2009, down from a peak 270,000 in 2007.

30,000 work visas leading to settlement issued on behalf of just 7 indian companies.

The insane aspect of deficit spending to support the economy (which is a ludicrous concept), is that we are supporting an economy of imported foreign workers, none of whom are under any obligation to repay the estimated 2,500 additional taxation required over the next decade. What a scam.

Thursday, December 17, 2009 03:13PM Report Comment

2. rumble said...

"...supporting an economy of imported foreign workers, none of whom are under any obligation to repay the estimated 2,500 additional taxation required..."
Earnings/savings often go to the home country too.

Thursday, December 17, 2009 03:16PM Report Comment

3. crunchy said...

Gordon Brown has said Global Warming will be good for our economy. Expect the public sector to grow further with climate police tax

collectors. We thought that we had learnt some hard lessons from false economies. Think on slaves! If some think that by being on the

so called 'right side' will help you, dream on.

Thursday, December 17, 2009 03:22PM Report Comment

4. crunchy said...

1. stillthinking 2. rumble

Past Immigration is nothing in comparison to comment 3. For it is not only a 'home' you will be priced out of, it will be your 'lifestyle.'

Thursday, December 17, 2009 03:28PM Report Comment

5. paul said...

Well, personally I don't think the government has any choice but to spend on jobs. Seriously - things would be a whole lot worse if they didn't. Otoh, they should not have been so profligate during the good times.

Thursday, December 17, 2009 03:46PM Report Comment

6. Si said...

Crunchy, where did he say that?

And since when has this become an enviro-sceptic's website?

Thursday, December 17, 2009 03:47PM Report Comment

7. estrader said...

@5 "things would be a whole lot worse if they didn't"

Interesting, politicians tell us the whole financial system would have collapsed if they didn't do what they did to prevent it...I'd like to walk up to Gordon Brown and punch him as hard as I can in the face and then say "You would have died if I didn't do that!"

Thursday, December 17, 2009 04:01PM Report Comment

8. the number cruncher said...

The moral problem of immigration is nothing as to that of our exploitation of the countries of the third world.

Our 'lifestyle' is unsustainable because it is based on the financial and resource exploitation of the third world and those resources have a finite lifespan. If we cannot steal the resources of the world or manipulate the financial playing field we will all take a drop in 'lifestyle' far bigger than a 20% drop in GDP this recession will end up being.

The western lifestyle is built upon slavery of the third world to give us resources and labour at a fraction of the price they are worth.

If the third world countries can throw off the resource exploitation that western companies play on them then we are in for a 50% drop in GDP on top of this monetary contraction.

Thursday, December 17, 2009 04:11PM Report Comment

9. Skeptical_first_time_buyer said...

buy gold now!

Thursday, December 17, 2009 07:43PM Report Comment

10. nomad said...

Are we not too far from a monumental tipping point whereby receivers of tax outnumber payers of tax?

So we cannot pay for the public sector, in its widest sense, and sufficient numbers will vote to retain the status quo - defeating any democratic attempt to rebuild the economy.

We are, as a last resort, relying on the IMF - but it looks like they are going to be mighty busy over the next couple of years.

Thursday, December 17, 2009 07:51PM Report Comment

11. waitingtobuy said...

Paul @5
I agree,spend to create jobs,"real" jobs that is--not unproductive,idex linked final salary,public sector fantasy jobs!

Thursday, December 17, 2009 08:56PM Report Comment

12. mr g said...

More votes for ZanuLiebour

Thursday, December 17, 2009 09:00PM Report Comment

13. voiceofreason said...

I have just gone from a semiconductor designer company into a local "university" actually an FE college renamed university in 2005. Boy oh boy what a profligate wasteland it is too.

In the private sector, you get promoted for saving cost and imroving efficiency. It is the opposite in public sector.

I could go on...

Thursday, December 17, 2009 09:47PM Report Comment

14. nickolarge said...

I don't know where all these 'government' jobs are being created.....or where the money to pay the wages is coming from.

The information I have is that all government departments are cutting back hugely on staff. Large scale redundancies and office closures are the order of the day. And my main source is within HMRC, the guys who are meant to be bringing in the dosh.

We all know that the government has given all the money to the bankers or blown it fighting pointless wars.

Thursday, December 17, 2009 10:28PM Report Comment

15. hpwatcher said...


Friday, December 18, 2009 09:22AM Report Comment

16. letthemfall said...

There is a lot of nonsense written here about public sector jobs being somehow valueless. The fundamental difference between the work done in the public sector and the private is that you have no choice but to pay for public services through taxation. If it didn't work like this you would only get health care, for example, if you were rich enough, as in America.

As for efficiency, one could easily argue that the private is less so with its constant emphasis on cost-cutting, which in itself can lead to inefficiencies. I have recently experienced some extraordinary examples of incompetence and disorganisation in major companies. Of course, there are examples of poor service in the public, although this is often associated with underfunding. But overall the private sector efficient/ public sector inefficient is an old prejudice that never had any real foundation.

Friday, December 18, 2009 12:58PM Report Comment

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