Unemployment could hit 7 million

ad9898_3

1984ReturnsForReal wrote: »

You do realise there is already around 7 million people unemployed in the UK?

You know I saw the title of this thread and was just about to post a very similar comment, not sure if it's 7 million now, but I'd be up for saying it's 5 mill +, this government massage every figure going to make something look better than it is, the truth, you can't handle the truth*.:D





*Jack Nicholson, A Few Good Men.

macaque_2

kennyboy66 wrote: »

Equating £22bn to 4 million jobs is simply laughable.

Some facts for you.

UK Public sector jobs 1998 = 5.84 million
UK Public sector jobs 2005 = 5.16 million

Government spending 1998 = 325 billion
Government spending 2005 = 487 billion

Inflation averaged 2.3% (RPI) between these 2 years.

So an extra £100 bn (inflation adjusted) per annum in spending "created" 680,000 jobs.

Perhaps you would like to tells us how a cut in spending of £22 billion means the loss of 4 million jobs.

While you are right about the UK becoming more expensive to do business in, the fact is that the majority of the 3 million jobs "created" (your words, goverments don't really create anything) have been in the private sector despite increased taxation.

Hmmm! If you ever take up target shooting, my advice would be for you to wear bullet proof shoes.

Much of government spending is consumed in the form salaries or payments to people. Recipients include government employees, local government employees, the health service, charities, bus companies, train companies, private companies supplying goods to the government, private companies supplying services to the government, private companies using government grants, quangos, PFI projects, consultants, job training schemes etc.

1984ReturnsForReal_2

ad9898 wrote: »

not sure if it's 7 million now, but I'd be up for saying it's 5 mill +, this government massage e, ery figure going to make something look better than it is, the truth, you can't handle the truth*.:D

*Jack Nicholson, A Few Good Men.

I reckoned on it being above 6m just before x-mas so between 6-7m is good enough for me.

Anyway talking of "cant handle the truth" ......

A couple of weeks before x-mas I told an "intelligent" bloke in the pub that we were on the verge of the biggest & longest recession since just after WWII, that house prices were likely to loose 30% that people would loose their jobs across the board (with the exception possibly of medical & government projects) & Britain had began the process of "printing money"....

When he was bolloxed at the end of the night he basically wanted to fight me because I was a nobody & knew nothing & his mate of 30 years who was an economist said it would be all over by March.....

No..... He couldnt "handle the truth"....

F**king idiot..........

But thats what I would expect off of an IT Manager in the Automotive market....

kennyboy66_2

macaque wrote: »

Hmmm! If you ever take up target shooting, my advice would be for you to wear bullet proof shoes.

Much of government spending is consumed in the form salaries or payments to people. Recipients include government employees, local government employees, the health service, charities, bus companies, train companies, private companies supplying goods to the government, private companies supplying services to the government, private companies using government grants, quangos, PFI projects, consultants, job training schemes etc.

Oh dear.

Government spending this year will be about £627bn.
Total Uk employment is around 30 million.
It would seem unlikely that a cut of £22bn will result in an additional 4 million unemployed.

I am guessing maths & economics wasn't your strongest subject at school.