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The Telegraph - One in 5 adults in Britain are not working
drc
Posts: 2,057 Forumite
From the Telegraph;
"One in 5 adults in Britain is not working;"
http://www.telegraph.co.uk/finance/economics/7036977/One-in-five-adults-in-Britain-not-working.html
"One in 5 adults in Britain is not working;"
http://www.telegraph.co.uk/finance/economics/7036977/One-in-five-adults-in-Britain-not-working.html
There are over eight million people who are "economically inactive", a record number according to the Office for National Statistics.
These include students, retired, parents staying at home to look after children, long-term sick and those who have simply given up looking for a job – "discouraged" in the euphemistic language of the statisticians.
The 8.05 million economically inactive are on top of the 2.46 million unemployed. Together they represent 21.2 per cent of the adult population.
The increase in economically inactive people, especially the growing numbers of school leavers that decided to go to college rather than spend months looking for a job, are the main reason why the growth in unemployment has been held in check, according to experts.
Corin Taylor, policy director at the Institute of Directors, said: "The number of people working part time, and the number of economically inactive mask the true impact of unemployment."
The number of people unemployed fell by 7,000 in the three months to November to stand at 2.47 million. Many economists are now hopeful that this recession will see far fewer unemployed than during those of the early 1990s and 1980s – on both occasions the total jobless figure broke through the 3 million barrier.
George Buckley, chief UK economist at Deutsche Bank, said workers were more willing to accept low pay and shorter hours in return for keeping their jobs, in contrast to previous recessions when companies were not so flexible.
"These figures are encouraging," he said. "In previous recessions it took years for unemployment to stop rising, but that hasn't happened this time."
But many warned that families would feel the impact of lower incomes for many years to come, with a record 1.03 million working part-time because they were unable to secure a full-time job.
A spokesman for the Department for Work and Pensions said: "The fact that tens of thousands more young people are taking up the Government’s guarantee of a place in education or training means that they are getting the valuable skills they need to get into work."
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Comments
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As I've said in another thread, real unemployment is way over 4 million, it's the lying !!!!!!!s in government who manipulate the figures to give a false impression, as they do with nearly everything else. This government as encouraged people to throw the towel in and suck off the state.
Just to single out one type of citizen, how is it possible for a young teenage girl to bring up 2-3 children with ease and have no job of any kind ? Easy, the theft of the working person's wage in taxes which completely support this kind of feral underclass.
Instead of incapacity benefit supporting honest people who fell ill or had an accident, it is being used by scroungers and the work shy to dodge work and by the government to reduce the 'unemployment' figures.0 -
"There are over eight million people who are "economically inactive", a record number according to the Office for National Statistics."
But that doesn't mean they are all getting benefits, just that they aren't employed.0 -
These include students, retired, parents staying at home to look after children, long-term sick and those who have simply given up looking for a job – "discouraged" in the euphemistic language of the statisticians
OK how many student, retired people and stay at home parents are there.
It's a silly stat as there will always be students, record numbers of people are reaching retirement and people will give up work to bring up children.
What is the point of including them in unemployment figures?
The only one I can see which is not 100% clear is long term sick.0 -
According to this there are over 11 million of retirement age (women over 60, men over 65 at the time of data.)
http://www.helptheaged.org.uk/NR/rdonlyres/972B5831-4587-4EB6-A1E0-D3E15A8CEFF6/0/demographicfactsheet.pdf
who did the telegraph figures?0 -
Is it 2.46 or 2.47 million unemployed - we seem to have lost 10,000 jobs in the time it took to write the article.
Presumably the Telegraph is saving hidden claimants for a later date.0 -
I have retired early and do not claim benefits I know a few people that have done the same. I would imagine there are quite a few people in this position.0
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That's correct no state pension just my personal pension .
ukcarper- you really need to sign on or do something to keep your state pension open to you. If you miss any Nat Ins payments by not signing on or paying IS payments voluntarily you'lll lose out on all the years you paid in to the system. Please seek advice0 -
I have retired early and do not claim benefits I know a few people that have done the same. I would imagine there are quite a few people in this position.
I'm in the same position - took early retirement too. OH will be doing the same late this year. Quite a number of people I know have done the same.
But the state pensions are ok - I think you only have to have 30 years NI contributions now for a full pension.
Who knows, the state pension could be means tested by the time we reach state retirement age in 10 years time.......10 days is a long time in politics let alone 10 years - so we have not assumed we will have a state pension, if we get one it will be a bonus, if not, c'est la vie.0
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