Another green shoot headline, are these headline writers for real ?.

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Hopes for economy as jobless rises slow

A smaller than expected rise in unemployment has provided further evidence of green shoots emerging from the UK's recession.

One month of jobless total rising more slowly is evidence of green shoots, dear god, whatever next, the desperation of the 'talk us out of recession' crowd in the media is getting beyond a joke.

Why can't a spade be called a spade, while the jobless total is rising month on month, to me that means there are more people jobless than there were last month, and the month before etc.....which means the situation in the jobs market is getting worse, how can this possibly be spun as green shoots.

http://www.thisismoney.co.uk/news/article.html?in_article_id=487659&in_page_id=2&ct=5&expand=true#StartComments

StevieJ

Hey AD what is with you and green shoots

wolvoman

ad9898 wrote: »

One month of jobless total rising more slowly is evidence of green shoots, dear god, whatever next, the desperation of the 'talk us out of recession' crowd in the media is getting beyond a joke.

Why can't a spade be called a spade, while the jobless total is rising month on month, to me that means there are more people jobless than there were last month, and the month before etc.....which means the situation in the jobs market is getting worse, how can this possibly be spun as green shoots.

http://www.thisismoney.co.uk/news/article.html?in_article_id=487659&in_page_id=2&ct=5&expand=true#StartComments

Do the green shoots scare you?

Graham_Devon

I'd get used to it. We'll be out of recession end of next month most probably. The glee from the green shoot spinners will be never ending.

lostinrates

Its interesting: whoever came up with green shoots obviously never studied grass managment!

IveSeenTheLight

ad9898 wrote: »

One month of jobless total rising more slowly is evidence of green shoots, dear god, whatever next, the desperation of the 'talk us out of recession' crowd in the media is getting beyond a joke.

Why can't a spade be called a spade, while the jobless total is rising month on month, to me that means there are more people jobless than there were last month, and the month before etc.....which means the situation in the jobs market is getting worse, how can this possibly be spun as green shoots.

http://www.thisismoney.co.uk/news/article.html?in_article_id=487659&in_page_id=2&ct=5&expand=true#StartComments

As long as the spade is called a spade when it comes to showing house price rises as per recent Halifax and Nationwide reports

But it's not is it, it's a blip, bull trap, noise or whatever until it becomes a spade again if prices start to drop

Graham_Devon

IveSeenTheLight wrote: »

As long as the spade is called a spade when it comes to showing house price rises as per recent Halifax and Nationwide reports

But it's not is it, it's a blip, bull trap, noise or whatever until it becomes a spade again if prices start to drop

I have to say, ad has always been completely honest even if proven completely wrong on the house prices stuff.

So he does actually call it a spade.

ad9898_3

wolvoman wrote: »

Do the green shoots scare you?

Nope, it would be nice to see the facts as they are, so that when we emerge from the debt binge hangover it could be reported as so. The dangerous thing about spinning bad news, is it can only be done for so long, and when people realise that things aren't getting any better at this time, hopes are dashed and the whole thing is dragged out longer, causing more misery.

To me a green shoot in this case would be unemployment falling, which would be very welcome, this simply isn't the case and is giving many people who don't dig below headlines false optimism, which in the medium/long term is bad for the economy.

ad9898_3

IveSeenTheLight wrote: »

As long as the spade is called a spade when it comes to showing house price rises as per recent Halifax and Nationwide reports

But it's not is it, it's a blip, bull trap, noise or whatever until it becomes a spade again if prices start to drop

Although I've used those phrases occasionally, I have always acknowledged the house prices indices whether they have fallen or risen, I'm sure some of the bullish posters like Steve, Dan and Chucky would acknowledge that.

chucky

ad9898 wrote: »

Although I've used those phrases occasionally, I have always acknowledged the house prices indices whether they have fallen or risen, I'm sure some of the bullish posters like Steve, Dan and Chucky would acknowledge that.

you're a top man

IveSeenTheLight

ad9898 wrote: »

Although I've used those phrases occasionally, I have always acknowledged the house prices indices whether they have fallen or risen, I'm sure some of the bullish posters like Steve, Dan and Chucky would acknowledge that.

Fair enough, I didn't mean it personally.
You could accept that there are people on here that do not accept the indices as they are.

I still think there is uncertainty going forward which the fog will only clear as time goes by. Until then there is a lot of speculation.

Getting back to the topic though, while I agree that unemployment is still increasing and we all would prefer to see that specific figure falling, can you not accept that less people losing their jobs than expected as a good thing?

Bit like the reposessions figure at the start of the year predicted to be circa 70,000. It's now revised to something like 45,000.
It's not good that any property gets repossessed, however if less people are losing their homes than expected, then surely something good is happening to achieve this.