Wednesday, February 17, 2010

Recovery? What recovery?

Jobless claimant count jumps unexpectedly

The number of Britons claiming unemployment benefit rose unexpectedly in January and by the biggest amount since July last year, official data showed on Wednesday.

Posted by mr g @ 01:26 PM (1585 views)
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12 thoughts on “Recovery? What recovery?

  • Thecountofnowhere says:

    There’s that word again “unexpectedly”… don’t they read the news !!!

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  • wdbeast,

    What a headline!!

    So there are enough people who are taking what work is available even though it’s not full-time, which is what they wanted, to offset + 12.8% those that have become new claimants and that’s a Good Thing? When 99% of the populous are working one hour a week and earning say, 4% of what they actually need to survive I imagine their headline will be, “Unemployment Reaches 0% – Welcome To Utopia Everyone!”

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  • [email protected] “UK unemployment falls for second month in a row”

    That’s to the end of December, the Reuters article relates to January besides which, there are 3 sets of unemployment figures being bandied about today.

    I forecast that the government will disappear up it’s own a*se soon as there is so much obfuscation on topics such as this, inflation and the economy in general.

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  • Mr G,

    The BBC & Reuters are using the same ONS release for their stories.
    Yes, there are multiple statistics in the release.
    Yes the “Total” is QoQ to Dec, not MoM to Jan as per the “Claimant Count”
    But – when comparing two different statistics one is already comparing apples & oranges, so the second point is mute in this instance.

    The point being made was that whilst the statistics in general are pretty dire, the BBC managed to make a headline which sounds like positive news 🙂

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  • brickormortis says:

    @51ck-6-51x: Do you mean “moot”?

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  • I think it’s “moo” point – a cow’s opinion – it doesn’t matter.

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  • 51ck-6-51x @5 “The point being made was that whilst the statistics in general are pretty dire, the BBC managed to make a headline which sounds like positive news :)”

    I agree, I omitted to say that the BBC can polish a turd with any news item.

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  • The general tone of BBC coverage of government stats is starting to remind me of 1984 – like when the chocolate ration is was ‘increased’ from 30g to 20g.

    The New Labour Ministry of Plenty is clearly open for business…

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  • The BBC really can’t do anything else unless you fancy a walk in the woods

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  • brickormortis said, “@51ck-6-51x: Do you mean “moot”?”
    – Yez I deed. Fancs.

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  • Unexpected?!?!

    Yes, some people ACTUALLY believed the green shoots!!

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