Employment analysis

StevieJ

A breakdown of the employment data for Sept, it seems the young are bearing the brunt of job losses, the data however was better than expected.

The labour market figures published on 16 September were more positive than many expected, as well as showing continued falls in employment and rises in unemployment and inactivity.

Apologies if this has already been annalized to death

http://www.cesi.org.uk/statistics/

On the negative side there appears a spike in the people enquiring about the job centre.


http://www.google.com/insights/search/#q=jobcentre%2Cbenefits&geo=GB&date=today%2012-m&cmpt=q

phil_b_2

Interesting stats, I've not seen that before.

In terms of house prices/pruchases, I'm thinking the majority of unemployed folk are those who wouldn't really be in a position to buy a house anyway, job or no job.

PasturesNew

The data is flawed ... a lot of older people will be self-employed and not actually working, but living off savings, doing what they can and getting by in the hope that something will change any day now.

Older people are less likely to sign on, whereas 100% of young unemployed will do.

Older people in couples, say, might just have decided that they will be supported by their partner as it was time they slowed down so now would be a good time ... and other combinations/variations that are available to older couples that aren't available to single people living with their parents.

bo_drinker

PasturesNew wrote: »

The data is flawed ... a lot of older people will be self-employed and not actually working, but living off savings, doing what they can and getting by in the hope that something will change any day now.

Older people are less likely to sign on, whereas 100% of young unemployed will do.

Older people in couples, say, might just have decided that they will be supported by their partner as it was time they slowed down so now would be a good time ... and other combinations/variations that are available to older couples that aren't available to single people living with their parents.

Conveniently this gets brushed under the carpet, the forgotten unemployed i y l Lots of s/e people in and out scratting for work but have savings so not entitled or t b h can't be bothered to go through the rigmarole of declaring it. Tax payments will be hammered for a few years now.

phil_b_2

PasturesNew wrote: »

The data is flawed ... a lot of older people will be self-employed and not actually working, but living off savings, doing what they can and getting by in the hope that something will change any day now.

Older people are less likely to sign on, whereas 100% of young unemployed will do.

Older people in couples, say, might just have decided that they will be supported by their partner as it was time they slowed down so now would be a good time ... and other combinations/variations that are available to older couples that aren't available to single people living with their parents.

That sounds a lot like speculative personal opinion rather than fact. I'm not saying it can't be true but it overly generalises IMO.

Feel free to point me to articles and other stats that back the opinion up.

StevieJ

phil_b wrote: »

That sounds a lot like speculative personal opinion rather than fact. I'm not saying it can't be true but it overly generalises IMO.

Feel free to point me to articles and other stats that back the opinion up.

Also if we are looking at it from a housing perspective older people will tend to have much smaller mortgages (if any) thus not being a downward force on house prices if they lose their job.

kennyboy66_2

PasturesNew wrote: »

The data is flawed ... a lot of older people will be self-employed and not actually working, but living off savings, doing what they can and getting by in the hope that something will change any day now.

Older people are less likely to sign on, whereas 100% of young unemployed will do.

Older people in couples, say, might just have decided that they will be supported by their partner as it was time they slowed down so now would be a good time ... and other combinations/variations that are available to older couples that aren't available to single people living with their parents.

Hmmm,

Would this be the same group of 'older people' who don't claim incapacity benefit ?

There are roughly 2.7m people on IB, 1.2m are over 50.

You could equally say that older people may have access to a whole range of other benefits that an unemployed singleton living with parents doesn't.

1984ReturnsForReal_2

On the negative side there appears a spike in the people enquiring about the job centre.


http://www.google.com/insights/searc...%2012-m&cmpt=q

Google graphs are not accurate.

Do the same thing again from 2004 on the search. You will see what I mean.

StevieJ

1984ReturnsForReal wrote: »

Google graphs are not accurate.

Do the same thing again from 2004 on the search. You will see what I mean.

It shows the same pattern

http://www.google.com/insights/search/#q=jobcentre%2Cbenefits&geo=GB&cmpt=q

Graham_Devon

phil_b wrote: »

That sounds a lot like speculative personal opinion rather than fact. I'm not saying it can't be true but it overly generalises IMO.

Feel free to point me to articles and other stats that back the opinion up.

The point is, there is no stats as they are not included.

You have to look around and open eyes to other peoples situations, and PN is bang on.

lemonjelly

kennyboy66 wrote: »

Hmmm,

Would this be the same group of 'older people' who don't claim incapacity benefit ?

There are roughly 2.7m people on IB, 1.2m are over 50.

You could equally say that older people may have access to a whole range of other benefits that an unemployed singleton living with parents doesn't.

Quite right.
Incapacity benefit was effectively an early form of retirement pension for many. Average person is on it for 7 years (& then they get to 60 & claim pension credits). It was also a great tool for thatcher in the 80's in her arguements that unemployment was under control/not rocketing.

In addition, I work with young people in 2 seperate jobs. They don't consistently claim benefit, due to apathy (ie can't be @rsed, don't wanna get outta bed!), optimism (I'll get another job tomorrow/won't be outta work long), because they don't know the system, because they don't want to fill in the forms, or because someone (somewhere) will bail them out.