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UK unemployment increases to 2.47 million

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    drc wrote: »
    Nope. Some are stay at home mums who don't/can't claim benefits (partner earning too much etc), those that cannot work but can't claim benefits because they've got too much in savings etc.
    what do you think your unemployment rate would have been in the 1950s or 1960s then?

    A. 30%
    B. 40%
    C. 50%

    lucky we're not living back then...
  • ash28
    ash28 Posts: 1,789 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    drc wrote: »
    Nope. Some are stay at home mums who don't/can't claim benefits (partner earning too much etc), those that cannot work but can't claim benefits because they've got too much in savings etc.

    And early retirees - like me...

    Private pension, no benefits and 10 years to go until state pension age and I've been retired 5 years.

    OH will be the same next year, but with 8 years until state pension -

    technically economically inactive.....I wish!!
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    We aint seen nothin yet .... wait until the effects of the coming budget take hold!
  • Asheron
    Asheron Posts: 1,229 Forumite
    doire wrote: »


    No Recovery, Depression first.

    And Hyperrrrrrrrrrrrrr Inflation :)

    Enjoy your cash, use it as toilet paper...
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Asheron
    Asheron Posts: 1,229 Forumite
    chucky wrote: »
    what do you think your unemployment rate would have been in the 1950s or 1960s then?

    A. 30%
    B. 40%
    C. 50%

    lucky we're not living back then...


    Idiot, this is going to be worse....

    This will be the biggest global depression in history lol

    People need to wake up
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ash28 wrote: »
    And early retirees - like me...

    Private pension, no benefits and 10 years to go until state pension age and I've been retired 5 years.

    OH will be the same next year, but with 8 years until state pension -

    technically economically inactive.....I wish!!

    Lucky you :beer:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Asheron wrote: »
    Idiot, this is going to be worse....

    This will be the biggest global depression in history lol


    People need to wake up
    and you find that funny tut tut
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    and you find that funny tut tut

    dpan841l.jpg
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    zakaya wrote: »
    Can someone tell me how this government is going to get all these people back to work? Let alone try to get those on invalidity benefit back into work. I don't think the workshy need to worry to much!

    So, want to let us all know why its the governments job to get these people back towork?

    the deficit is the priority.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ash28 wrote: »
    And early retirees - like me...

    Private pension, no benefits and 10 years to go until state pension age and I've been retired 5 years.

    OH will be the same next year, but with 8 years until state pension -

    technically economically inactive.....I wish!!

    Have you factored in that the increase in retirement age to 66 may be brought forward?
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