Unemployment falling rapidly now 7.1%
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scrat
Beekeeper
Clarkson
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Unemployment falling rapidly now 7.1%
I take it you are in denial about this as well comrades. Apparently full time jobs are up as well.
Meanwhile the French model preferred by the comrades is seeing figures well over 10% and growing.
When it comes to the economy the Tories wipe the floor with the spendaholic Labour Party.
Meanwhile the French model preferred by the comrades is seeing figures well over 10% and growing.
When it comes to the economy the Tories wipe the floor with the spendaholic Labour Party.
Last edited by Clarkson on Wed Jan 22, 2014 2:58 pm; edited 1 time in total
Clarkson- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
Even with a growing economy, these figures from the labour market exceeded all expectations.
A fall of 167,000 in the unemployment level over three months hasn't been seen in 17 years. An unemployment rate of 7.1% has not been registered since early 2009.
It is clear that the British economy is creating jobs at a much faster rate than most analysts had predicted.
The Bank of England is among those who are junking their earlier forecasts. Last August the Bank expected the jobless rate to stay above 7% till at least 2016. But now five months later it has already fallen to within a whisker of that 7% benchmark, set by the Bank as the time when they would start considering interest rate rises.
A fall of 167,000 in the unemployment level over three months hasn't been seen in 17 years. An unemployment rate of 7.1% has not been registered since early 2009.
It is clear that the British economy is creating jobs at a much faster rate than most analysts had predicted.
The Bank of England is among those who are junking their earlier forecasts. Last August the Bank expected the jobless rate to stay above 7% till at least 2016. But now five months later it has already fallen to within a whisker of that 7% benchmark, set by the Bank as the time when they would start considering interest rate rises.
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
This piddles me off - "exceeded all expectations"
Whose expectations? All I have seen ever since the Conservatives were swept in to power are comments like that.
Before the "recession" - "by anyones standards, we're already in a recession" - that was a frigging classic - BBC or Sky (probably both) - errrm... no, by nobodys standards because a recession isn't something you feel, it is a based on statistics.
A surprising this, an unexpected that - bollocks, report the news, don't try and make it or predict it!
Whose expectations? All I have seen ever since the Conservatives were swept in to power are comments like that.
Before the "recession" - "by anyones standards, we're already in a recession" - that was a frigging classic - BBC or Sky (probably both) - errrm... no, by nobodys standards because a recession isn't something you feel, it is a based on statistics.
A surprising this, an unexpected that - bollocks, report the news, don't try and make it or predict it!
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
Meanwhile Labour keeps trying to find downsides and pretending I never cricised Osbornes Plan A.
Balls is completely silent he is damaged goods.
Balls is completely silent he is damaged goods.
Clarkson- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
Vote UKIP.It's the only way.
And for all their failings,they are not racists like the the three identical parties.
Labour=Anti-white & Anti-British.
Conservative=Anti-white & Anti-British.
LibDem=........Well nothing much.
And for all their failings,they are not racists like the the three identical parties.
Labour=Anti-white & Anti-British.
Conservative=Anti-white & Anti-British.
LibDem=........Well nothing much.
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
Clarkson wrote:Meanwhile Labour keeps trying to find downsides and pretending I never cricised Osbornes Plan A.
Balls is completely silent he is damaged goods.
Balls will be looking for a new job soon.
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
Beekeeper wrote:
GREAT news for those conservatives out there who actually believe that most "typical" people can somehow survive on ONE days work a week, to be sure, to be sure ~ THAT'S only eight hours a week for you Tories who have forgotten how to count...
NOT so great for those workers being screwed over by the "the system" on "minimum wage" jobs..
AND to think that you Conservative maggots would dare to want to destroy the minimum wage system at the same time, when the TRUTH is that it should be increased in most western economies !
Alright Donk what's it like being continually wrong? The Tories are thrashing the dozy Socialist.
Clarkson- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
People who are on zero hours contracts count as employed. If they worked at least an hour in the survey reference period they would be counted in the employment numbers as usual. If a survey respondent did not in fact work in the reference period, the first question asked is whether they are 'temporarily away from a job' (they could be sick or on leave, etc..). Those on a zero-hours contract should reply to say they have a job to return to. In this instance they would be in employment but listed as having worked no hours.
http://www.newstatesman.com/economics/2013/08/how-zero-hours-contracts-hide-real-unemployment
Now over 1 million zero hour contracts, so basically it's just starving the poor to accept slave labour on the minimum wage, no security, no future!
http://www.newstatesman.com/economics/2013/08/how-zero-hours-contracts-hide-real-unemployment
Now over 1 million zero hour contracts, so basically it's just starving the poor to accept slave labour on the minimum wage, no security, no future!
scrat- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
hello scrat, just noticed you on here,have a good time mate.
nicko- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
It's a true double-edged sword for Tories, it seems. If they twist the numbers one way it looks like unemployment is good and immigration isn't tearing apart the economy; if they twist them another way everybody's jobs are being stolen by Polish and Romanians. Talk about walking a tightrope ...
Re: Unemployment falling rapidly now 7.1%
The figures show a considerable increase in full time jobs. Oh dear fail again comrades.
You don't give up pulling the economy do you guys.
Are you still for hollandes plan b?
You don't give up pulling the economy do you guys.
Are you still for hollandes plan b?
Clarkson- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
scrat wrote:People who are on zero hours contracts count as employed. If they worked at least an hour in the survey reference period they would be counted in the employment numbers as usual. If a survey respondent did not in fact work in the reference period, the first question asked is whether they are 'temporarily away from a job' (they could be sick or on leave, etc..). Those on a zero-hours contract should reply to say they have a job to return to. In this instance they would be in employment but listed as having worked no hours.
http://www.newstatesman.com/economics/2013/08/how-zero-hours-contracts-hide-real-unemployment
Now over 1 million zero hour contracts, so basically it's just starving the poor to accept slave labour on the minimum wage, no security, no future!
Absolutely right. Osborne has turned our labour market into a basket case low wage economy with a recovery based on people being poorer and faced with taking up employment on zero hours contracts where they can count around 3 people as going off the claimant count and into employment into what is effectively a full time position shared by 3 people.
Have a look at Next for example where all the jobs are low paid zero hours or temporary contracts. Punch in London into the sales and stockroom box and the results pretty much reflect the choices so many are faced with.
https://careers.next.co.uk/retail/retailvacancies.aspx
Well done Cameron, Osborne and Duncan Smith ya rats for wanting a pat on the back for this. It's a con and it stinks.
Irn Bru- The Tartan terror. Keeper of the royal sporran. Chief Haggis Hunter
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Re: Unemployment falling rapidly now 7.1%
Clarkson wrote:I take it you are in denial about this as well comrades. Apparently full time jobs are up as well.
Meanwhile the French model preferred by the comrades is seeing figures well over 10% and growing.
When it comes to the economy the Tories wipe the floor with the spendaholic Labour Party.
Well, but the US unemployment rate is now a relatively more handsome 6.7% http://www.upi.com/Business_News/2014/01/10/US-unemployment-rate-drops-to-67-percent/UPI-81341389361031/
Consider how much better off y'all would have been if you'd had a progressive government in office.
Original Quill- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
Why is it Labour are bemoaning zero contract hours when to some it suits? Weird and the reality is now we have the biggest fall in employment for ages, something all can be happy about, well that is of course if you support Labour and it shows the economy is growing stronger and more people are back in work which you think most people would be happy about, even the BBC was praising this and that is saying something
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
Well I suppose the lower orders should just be grateful for the paltry crumbs that fall off the tables of their so called betters, of course a lot of this is down to the society you wish to create, poorly paid workers, in unsecured jobs with no future and struggling to find a real job, will take whatever they're given when fuck all but starvation is the alternative, no wonder a quarter of nippers still live at home and must now be subsidised by the tax payers who are £1600 a year worse off and for what!,,,,in order to pay for millionaire tax cuts.PhilDidge wrote:Why is it Labour are bemoaning zero contract hours when to some it suits? Weird and the reality is now we have the biggest fall in employment for ages, something all can be happy about, well that is of course if you support Labour and it shows the economy is growing stronger and more people are back in work which you think most people would be happy about, even the BBC was praising this and that is saying something
Lets be honest here, we were in a better economic cycle and had growth and falling unemployment when Labour left office.
Three and a half years of goatfuck, £198bn deeper in debt, Bankers issuing CoCo shares just to keep the bonus juice flowing in, which means nothing but more debt, and working longer and harder for less.
scrat- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
scrat wrote:Well I suppose the lower orders should just be grateful for the paltry crumbs that fall off the tables of their so called betters, of course a lot of this is down to the society you wish to create, poorly paid workers, in unsecured jobs with no future and struggling to find a real job, will take whatever they're given when fuck all but starvation is the alternative, no wonder a quarter of nippers still live at home and must now be subsidised by the tax payers who are £1600 a year worse off and for what!,,,,in order to pay for millionaire tax cuts.PhilDidge wrote:Why is it Labour are bemoaning zero contract hours when to some it suits? Weird and the reality is now we have the biggest fall in employment for ages, something all can be happy about, well that is of course if you support Labour and it shows the economy is growing stronger and more people are back in work which you think most people would be happy about, even the BBC was praising this and that is saying something
Lets be honest here, we were in a better economic cycle and had growth and falling unemployment when Labour left office.
Three and a half years of goatfuck, £198bn deeper in debt, Bankers issuing CoCo shares just to keep the bonus juice flowing in, which means nothing but more debt, and working longer and harder for less.
Yes we were until Labour screwed things up with the recession which we are still feeling the affects of today, of which there is no denying that chap.
The reality is the more people back in employment the more people have a wage the more money is spent on the high street the more people get employed
Sorry but this is good news, more people in employment and the trend is set to continue which will also strengthen the economy.
People have much of themselves to blame when it comes to money as there are plenty of people on low incomes that manage just fine, so why is it others are not, because they in many cases live beyond their means, hence why millions are in severe debate as they do not manage their finances well and that is the root cause of which they need advise.
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
I suggest you read the politics section, where David Cameron admitted that we were doing very well until the financial crisis, and the Conservatives didn't see it coming any more than Labour did, and the economic problem was not due to Labour. Irn found it, one of the stories that the Conservatives wiped from their archives because it didn't suit them for the truth to be told.
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
How the fuck did Labour screw up the recession when they drew up the blue prints which saved us from anarchy, they kept our AAA status, and posted growth of 1.2%.
"Dave" and squealer are just a couple of Eton wastrels, personally I think they should both be dragged to the stocks for a damn fine pelting.
"Dave" and squealer are just a couple of Eton wastrels, personally I think they should both be dragged to the stocks for a damn fine pelting.
scrat- Forum Detective ????♀️
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Re: Unemployment falling rapidly now 7.1%
In any case, that is an overall figure, which doesn't show the true picture.
The impact of recovery is being felt very unevenly. As a TUC report on Monday showed, London is taking the lion's share of growth in the national income, well ahead even of the south-east and far outstripping the rest of the country. In two regions, the north-east and the south-west, unemployment actually rose. In nearly half the country, the unemployment rate is still over 8%. Even the rise in house prices is uneven. In some northern cities, there's no pick up at all.
Most perplexing is what is happening to pay and productivity. Output, along with real wages by most measures, is stagnant. (When the prime minister insists people are better off, as he did in the Commons today , he refers to the impact of tax cuts on disposable income.) One reason for persistent low pay is that that is where four-fifths of new jobs are. Another is that people are taking jobs below their skill level. This is particularly true of new graduates. And another is that it is middle-grade jobs in construction, for example, and retail banking that have disappeared, some of them for good.
Optimists believe this is a cyclical effect and pay and productivity will recover over time. But this has been a slump, the deepest recession for a hundred years. As both the sharply improving unemployment figures and the long overdue improvement in growth have shown, the shape of the recovery is so uncertain that it seems the only thing that can be expected is the unexpected. The surge in wages and buying power that was part of the bounceback after the recessions of the early 1980s and again in the early 90s does not look likely to be a feature of this recovery. Mr Osborne's conversion to a real increase in the minimum wage last week may have been timed to divert attention from Ed Miliband's speech on banking. But it was a shift that, in the face of the prolonged experience of low pay, it would have been foolish not to make soon.
The real anxiety is that while Britain's flexible labour market, so much more flexible than most of our European competitors, is good at creating jobs, it is much less successful at incentivising the kind of high-skilled, high-pay work that would lead to high productivity. The relationship between a low-wage economy and low productivity is much contested, but a year or two back, few would have expected to see record levels of employment at the same time as output remained stubbornly below 2008 levels. But – as Mark Carney now knows – employment statistics on their own can no longer be taken as a sufficient indicator of a return to prosperity.
http://www.theguardian.com/commentisfree/2014/jan/22/unemployment-counting-what-counts
The impact of recovery is being felt very unevenly. As a TUC report on Monday showed, London is taking the lion's share of growth in the national income, well ahead even of the south-east and far outstripping the rest of the country. In two regions, the north-east and the south-west, unemployment actually rose. In nearly half the country, the unemployment rate is still over 8%. Even the rise in house prices is uneven. In some northern cities, there's no pick up at all.
Most perplexing is what is happening to pay and productivity. Output, along with real wages by most measures, is stagnant. (When the prime minister insists people are better off, as he did in the Commons today , he refers to the impact of tax cuts on disposable income.) One reason for persistent low pay is that that is where four-fifths of new jobs are. Another is that people are taking jobs below their skill level. This is particularly true of new graduates. And another is that it is middle-grade jobs in construction, for example, and retail banking that have disappeared, some of them for good.
Optimists believe this is a cyclical effect and pay and productivity will recover over time. But this has been a slump, the deepest recession for a hundred years. As both the sharply improving unemployment figures and the long overdue improvement in growth have shown, the shape of the recovery is so uncertain that it seems the only thing that can be expected is the unexpected. The surge in wages and buying power that was part of the bounceback after the recessions of the early 1980s and again in the early 90s does not look likely to be a feature of this recovery. Mr Osborne's conversion to a real increase in the minimum wage last week may have been timed to divert attention from Ed Miliband's speech on banking. But it was a shift that, in the face of the prolonged experience of low pay, it would have been foolish not to make soon.
The real anxiety is that while Britain's flexible labour market, so much more flexible than most of our European competitors, is good at creating jobs, it is much less successful at incentivising the kind of high-skilled, high-pay work that would lead to high productivity. The relationship between a low-wage economy and low productivity is much contested, but a year or two back, few would have expected to see record levels of employment at the same time as output remained stubbornly below 2008 levels. But – as Mark Carney now knows – employment statistics on their own can no longer be taken as a sufficient indicator of a return to prosperity.
http://www.theguardian.com/commentisfree/2014/jan/22/unemployment-counting-what-counts
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
This of course is the smoke and mirrors as already said in that it mainly reflects part time work, very part time...
If in general unemployment really is falling sharply then why don't the government scrap the zero hours contracts now?
If in general unemployment really is falling sharply then why don't the government scrap the zero hours contracts now?
Guest- Guest
Re: Unemployment falling rapidly now 7.1%
Except my single brain cell friend that full time jobs made up a significant proportion of the figures.
Brown ruined the country the coalition are putting it right.
You cab say as much as you like the British people trust the Tories on the economy not the incompetent politicians who overspent when in office.
Brown ruined the country the coalition are putting it right.
You cab say as much as you like the British people trust the Tories on the economy not the incompetent politicians who overspent when in office.
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