A quarter of adults out of work

vivatifosi

This was published on Telegraph website this afternoon and I couldn't find a thread yet so thought I'd stick it on here.

A total of 10.6 million people either did not have a job, or have stopped looking for one, according to figures from the Office for National Statistics, which indicated that more people than ever before had abandoned the workplace – choosing instead to study, go on sick leave or just give up searching for a job....

......The total number of economically inactive hit 8.16 million, the highest since the ONS started recording this measure in 1971.

http://www.telegraph.co.uk/finance/jobs/7465199/Quarter-of-adults-out-of-work-official-figures-show.html

Part of growth down to increase in number of people choosing to study, apparently.

matbe

How many have never had a job and as long as the benefit cheque drops thru the door every fortnight will continue to not bother ?

michaels

You have it all wrong - unemployment is falling and is 'half a million less than the worse case scenario being banded about' - stop reading the independent media and listen to what the state broadcaster has to tell you.

vivatifosi wrote: »

This was published on Telegraph website this afternoon and I couldn't find a thread yet so thought I'd stick it on here.

A total of 10.6 million people either did not have a job, or have stopped looking for one, according to figures from the Office for National Statistics, which indicated that more people than ever before had abandoned the workplace – choosing instead to study, go on sick leave or just give up searching for a job....

......The total number of economically inactive hit 8.16 million, the highest since the ONS started recording this measure in 1971.

http://www.telegraph.co.uk/finance/jobs/7465199/Quarter-of-adults-out-of-work-official-figures-show.html

Part of growth down to increase in number of people choosing to study, apparently.

vivatifosi

michaels wrote: »

You have it all wrong - unemployment is falling and is 'half a million less than the worse case scenario being banded about' - stop reading the independent media and listen to what the state broadcaster has to tell you.

:rotfl:
Nice one michaels. The PM probably also believes that the ONS is a nasty right-wing think tank.

I thought it was an interesting article because its a trend I've noticed at the library. Loads of people, including many I know who have worked for years, joining the library and using it as a job finding base. Many of these people would never dream of signing on though. A lot more are just looking for courses to tide them over and keep them interested until the economy has picked up. Clearly people are economically inactive for a host of reasons and life-choices, but the article felt as though it reflected on what I was seeing first hand.

PasturesNew

I'm toodling along. Not got a good enough internet connection (and no personal space) here to do my internetty stuff .... but the pennies roll on in still daily.

I'd like a job ... I even apply for some. I get calls. I get interviews for probably 1-in-3 jobs I apply for .... then I always come second... if I can only find a job where they need two people, I'll be in there!

The plan is to get a job, so I know where to live. Then still do my internetty stuff ... but I get out of the house.

1984ReturnsForReal_2

matbe wrote: »

How many have never had a job and as long as the benefit cheque drops thru the door every fortnight will continue to not bother ?

About a 10th........

CloudCuckooLand

Part of the reason that retail figures are looking ok is the big numbers of inactives becoming shoppers in the week, trying to cure their boredom...

StevieJ

vivatifosi wrote: »

This was published on Telegraph website this afternoon and I couldn't find a thread yet so thought I'd stick it on here.

A total of 10.6 million people either did not have a job, or have stopped looking for one, according to figures from the Office for National Statistics, which indicated that more people than ever before had abandoned the workplace – choosing instead to study, go on sick leave or just give up searching for a job....

......The total number of economically inactive hit 8.16 million, the highest since the ONS started recording this measure in 1971.

http://www.telegraph.co.uk/finance/jobs/7465199/Quarter-of-adults-out-of-work-official-figures-show.html

Part of growth down to increase in number of people choosing to study, apparently.

You being a pension fund trustee and not mentioning early retirement

vivatifosi

StevieJ wrote: »

You being a pension fund trustee and not mentioning early retirement

I was tempted to, and did wonder about the change this month in the minimum age... However in reality, most people haven't paid nearly enough into their pension funds and the thought of retiring early is the preserve of a very lucky few.

StevieJ

vivatifosi wrote: »

I was tempted to, and did wonder about the change this month in the minimum age... However in reality, most people haven't paid nearly enough into their pension funds and the thought of retiring early is the preserve of a very lucky few.

I thought it was gimme for Baby Boomers ? according to many posts on the board.

vivatifosi

StevieJ wrote: »

I thought it was gimme for Baby Boomers ? according to many posts on the board.

The sad reality with pensions is that people start saving too late and don't put enough in. That was true 20 years ago and its true now. In the past people didn't want to join final salary schemes because they were seen as difficult to move money between, so if people didn't plan to stay in a job they didn't join. Then 6 or 10 years down the line they'd still be working at the same company and had missed all those years of contributions. Now I think people are less trusting of pensions, particularly Money Purchase schemes. So still, people don't start looking into it until their 30s or 40s, and then the amount needed is painful to save. I don't think this is a boomer/gen x thing, I think its a human trait of other priorities issue. However Gordo absolutely didn't help with his little raid.