MSE News: Unemployment down for first time in two years

tomterm8

Good news! 7,000 jobs created! Now only 2.5 millions to go til full employment!

Shakethedisease

I read this on the BBC website, where the headline is :

UNEMPLOYMENT FALLS TO 2.46 MILLION

Clicked through to the scottish BBC site where the headline is :-

JOBLESS TOTAL RISES PAST 200,000..

http://news.bbc.co.uk/1/hi/scotland/default.stm

So there certainly are regional differences, and perceptions etc

I also found this the most interesting part of the report

But the fall in unemployment was fuelled partly by an increase in people taking part-time work.
The number of people in part-time employment increased by 99,000 over the quarter to reach a record high of 7.71 million.

That's a lot of people who've taken a huge drop in income.

PaulW1965

wymondham wrote: »

at last! - my 3 year pay freeze at an end????? mmmmmmm!

Dude - my company has made enough money to pay me a bonus. Total Shock:eek::p

doire_2

HAMISH_MCTAVISH wrote: »

Sure is.

Little short of amazing actually.

Second month in a row.

In a recession.

Just..... Wow.

Wow indeed..................

The number of people unemployed in the UK has fallen unexpectedly for the first time in 18 months.

But the fall in unemployment was fuelled partly by an increase in people taking part-time work.
The number of people in part-time employment increased by 99,000 over the quarter to reach a record high of 7.71 million.

http://news.bbc.co.uk/1/hi/business/8469648.stm

dave4545454

tomterm8 wrote: »

Now only 2.5 millions to go til full employment!

you gotta be joking, there's over 6 million unemployed in britain

Entertainer

Yvette Cooper giving the usual Brownite or should that be Ballsite spin conveniently going on about the claimant count and airbrushing out the Labour Force Survey thereby claiming that unemployment is 5% (there is now a massive disparity between the two- the claimant count figures are now worthless other than as an indicator of a trend). Of course, the BBC News24 journalists (pay £90k a year) oblige with the usual soft questions.

http://news.bbc.co.uk/1/hi/business/8469648.stm

doire_2

Entertainer wrote: »

Yvette Cooper giving the usual Brownite or should that be Ballsite spin conveniently going on about the claimant count and airbrushing out the Labour Force Survey thereby claiming that unemployment is 5% (there is now a massive disparity between the two- the claimant count figures are now worthless other than as an indicator of a trend). Of course, the BBC News24 journalists (pay £90k a year) oblige with the usual soft questions.

http://news.bbc.co.uk/1/hi/business/8469648.stm

Shadow Work and Pensions Secretary Theresa May telling it like it is

tomterm8

dave4545454 wrote:

you gotta be joking, there's over 6 million unemployed in britain

inspector_monkfish wrote: »

The number of people without a job on the wider ILO measure fell by 7,000 in the three months to November to 2.458 million, the first quarterly decline since March-May 2008 and leaving the jobless rate at 7.8 percent.

Hey, I'm just using the figures in Mr Monkfish's posts... if the official figures are wrong, blame the officials

tomstickland

http://www.guardian.co.uk/business/2010/jan/20/uk-unemployment-surprise-fall

Mr Archer quoted above hits the nail on the head: employment is falling.
This is what the ONS has to say about it:

The employment rate for September to November 2009 was
72.4 per cent. This is the lowest since winter 1996-97 and is down 0.1 on the quarter. The number of people in employment fell by 14,000 on the quarter to reach 28.92 million, the number of people in full-time employment fell by 113,000, and the number of people in part-time employment increased by 99,000 to reach a record high of 7.71 million. There were 1.03 million employees and self-employed people working part-time because they could not find a full-time job. This is the highest figure since records for this series began in 1992 and it is up 46,000 on the quarter.

http://www.statistics.gov.uk/cci/nugget.asp?ID=12
Mandy and Cambell, don't try to spin this one please. There's no point. As the ONS puts it:

The employment rate is the lowest since winter 1996-97.

nearlynew

tomterm8 wrote: »

Hey, I'm just using the figures in Mr Monkfish's posts... if the official figures are wrong, blame the officials

All oficial figures are bullsh1t and misinformation.