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UK jobless up less than expected

http://news.bbc.co.uk/1/hi/business/7882745.stm

"UK unemployment rose to 1.97 million between October and December, but less than expected, figures show."

"The UK has one of the lowest unemployment rates in Europe at 6.1%, compared with a European average of 7.7%"
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Comments

  • Asheron
    Asheron Posts: 1,229 Forumite
    wow we should feel so much better.
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    setmefree2 wrote: »
    "The UK has one of the lowest unemployment rates in Europe at 6.1%, compared with a European average of 7.7%"

    I wonder if its the way you do the maths ;) Do other countries have such massive ''sick'' lists is the question?
  • Asheron wrote: »
    wow we should feel so much better.

    You're right - we should. We keep hearing that we are uniquely in a bad place to weather the recession and yet the figures that keep coming out demonstrate this to be an utter lie being put about by Cameron. Our unemployment levels are significantly below countries like France and germany normally, and we're shedding jobs no faster than they are - and we're a long long way behind places like Ireland and Spain.

    So lets be clear - we're in a deep deep recession and its going to get nasty. But we're not the worst off.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bear in mind that the OP posting this "good news .. shouldn't we all feel great" has an income so huge they've managed to knock about £25k off their mortgage every year for the last five years .... which is a lot more than many people even earn. So it's easier to sit and say "it's not that bad at all is it".

    Let them eat cake.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Bear in mind that the OP posting this "good news .. shouldn't we all feel great" has an income so huge they've managed to knock about £25k off their mortgage every year for the last five years .... which is a lot more than many people even earn. So it's easier to sit and say "it's not that bad at all is it".

    Let them eat cake.

    So that changes the facts does it :confused:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Bear in mind that the OP posting this "good news .. shouldn't we all feel great" has an income so huge they've managed to knock about £25k off their mortgage every year for the last five years .... which is a lot more than many people even earn. So it's easier to sit and say "it's not that bad at all is it".

    Let them eat cake.

    So what? The fewer people who lose their jobs the better - the fact that unemployment isn't rising as quickly as feared is good news no matter who you are or what you earn.
  • halight
    halight Posts: 3,629 Forumite
    Part of the Furniture Combo Breaker
    Any bits of news like this are Good!
    But i fear that the numbers that come out in the next few months will be bad.
    Things like this seem to come in blocks
    You get 2-3 months of high numbers then 2-3 months of lower numbers then for some resion everyone starts laying off again and the numbers shoot up!!

    Plus i feel its going to be 2012 before the numbers start to come own again.
    :jYou can have everything you wont in lfe, If you only help enough other people to get what they wont.:j
  • m_c_s
    m_c_s Posts: 395 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Were the 30,000 jobs lost with Woolies included?
    If not then next quarter we could see a very big increase!
  • m_c_s wrote: »
    Were the 30,000 jobs lost with Woolies included?
    If not then next quarter we could see a very big increase!

    Some of them will be included. About half of WWs stores plus the bulk of staff at their London and Rochdale offices had gone by Christmas, as well as the majority of their DC staff in Swindon Bedford and Rochdale. So Q4's figures will have about half of the total included in them.
  • MJS996
    MJS996 Posts: 61 Forumite
    Whatever the ins and outs of it, and despite the fact that it is unquestionably bad that unemployment is rising, it has to be good news for everyone that it hasn't risen as much as expected - well, good news for everyone except the people on here who seem desperate to run the economy/government/country down and down at every oppportunity.
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