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Unemployment tops two million

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Comments

  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    chucky wrote: »
    93.5% unemployed during a recession.... things aren't that bad then.

    Spain has 14% unemployment.


    I would suggest only 6.5% employed to be catastrophic.
  • benood
    benood Posts: 1,398 Forumite
    mitchaa wrote: »
    Just a headline figure story.

    How about 93.5% employed, 6.5% unemployed,

    Sure you aren't after a job in Number 10? "What's more boss most of the recent job losses aren't in Labour constituencies either, sorted." :rolleyes:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I would suggest only 6.5% employed to be catastrophic.

    I reckon as a rule of thumb, unemployment over about 8% and rising is pretty bad - if you're laid off you'll be unlikely to find something else quickly in the private sector unless you get lucky or have specialised skills which are still in demand.

    Over 10% is the start of catastrophic. French unemployment has been around that level for years and it's terrible - it's very hard for a young French person to start a career as there's all this competition from trained, experienced people who don't have jobs.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Generali wrote: »
    I reckon as a rule of thumb, unemployment over about 8% and rising is pretty bad - if you're laid off you'll be unlikely to find something else quickly in the private sector unless you get lucky or have specialised skills which are still in demand.

    Over 10% is the start of catastrophic. French unemployment has been around that level for years and it's terrible - it's very hard for a young French person to start a career as there's all this competition from trained, experienced people who don't have jobs.

    Generali, I think you missed the point?
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Generali, I think you missed the point?

    Probably. I played two games of football last night and today I'm feeling very tired and very sore.

    Worse, I promised to take the Generlissimos out this afternoon.

    It hurts.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Generali wrote: »
    Probably. I played two games of football last night and today I'm feeling very tired and very sore.

    Worse, I promised to take the Generlissimos out this afternoon.

    It hurts.

    Its ok, even you are allowed occasional mistakes. Its a 'mis type' it should have read 6% unemployed but read ''employed'' instead. :) Mr B was being clever. Which is nice for him, once in a while :);)
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Its ok, even you are allowed occasional mistakes. Its a 'mis type' it should have read 6% unemployed but read ''employed'' instead. :) Mr B was being clever. Which is nice for him, once in a while :);)

    Doh!

    It's not even like we won the games. 1-0 and 1-1. Dodgy ref in the 2nd game too which was annoying.
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