UK jobless rate declines to 2.47m

Doctor_Gloom

Over 8 million UK adults of working age are not employed, that's the the true unemployment figure and not the fabricated government one.

Exocet

Yes, nice attempt to explain the Mcjob part time expansion. There are graduates working part-time, there are recently redundant working part-time. This is not all the oldies suddenly deciding "oh wouldn't it be nice to work in Asda on a Saturday".

It is good news that the figure has come down. What is not good news are the larger low paid part time positions. If you think about it there will not be many FTB's saving up from their Asda job, plus paying their gradually inflating bills.

What 'we' need is proper employment not a nation comprising of flipping, and eating, burgers.

Blacklight

It's certainly not my current long term plan to work full time right up until retirement age (whatever that might be for me).

Why spend your whole life working if you don't have to?

chucky

doire wrote: »

Not to take into account whats going to happen when the public sector is culled

the problem is that some people can't see out of their tiny little box...

The OBR’s central forecast is for economic growth of 1.2 per cent this year and 2.3 per cent next, rising to 2.8 per cent in 2012 and staying high for three years.

It expects a net gain in employment of 1.3m between 2010 and 2015, with jobs growth in the private sector more than offsetting 600,000 state sector job losses.

http://www.guardian.co.uk/business/2010/jul/14/unemployment-figures-reactions
things are bad and will be bad but not as bad as you hope for

Exocet

Here's a bit more, seems that forecasting anything is still a mugs game.

http://www.bbc.co.uk/news/10623970

Could be good, could be bad - we will see as it unfolds.

Graham_Devon

Exocet wrote: »

Yes, nice attempt to explain the Mcjob part time expansion. There are graduates working part-time, there are recently redundant working part-time. This is not all the oldies suddenly deciding "oh wouldn't it be nice to work in Asda on a Saturday".

There was a newsnight special on it not that long ago. I.e. jobs and part time workers etc.

Many many graduates working 2 part time jobs, at least on the panel used.

But the main part time workers were getting top ups, and didn't want or need to work anything more than that.

The older recently made redundant people just couldn't seem to get any job from this programme.

So a lot of the part time workers will be made up of workers for whom working part time means they get top ups and their roof paid for by housing benefit and the like....they couldn't afford to work full time as everything would be taken from them.

But there was certainly a large number of wannabe full time workers having to settle for one or two part time jobs. The figures, however, then show 2 jobs fulfilled....but it's done by one person, which skews things slightly.

tincans

Unemployed down
Part time work up
Full time work up
Economically inactive down
Vacancies up
Earnings up

Struggling to spin this into bad news.

Oh look, long term unemployed (over 1 year) up - rejoice, rejoice - we are going to hell in a handcart (PFI built).

tincans

Graham_Devon wrote: »

So a lot of the part time workers will be made up of workers for whom working part time means they get top ups and their roof paid for by housing benefit and the like....they couldn't afford to work full time as everything would be taken from them.

This is of course rubbish. Everything is not taken off them, but they do calculate why they should work an extra 20 hours a week for little additional reward. This is a real flaw in the means tested benefit system.

My wife has just dropped to 80% hours. Why - purely so she is there for the kids when they get home from school.

Really2

Exocet wrote: »

There are graduates working part-time, there are recently redundant working part-time. This is not all the oldies suddenly deciding "oh wouldn't it be nice to work in Asda on a Saturday".

So we are putting to many people through university then.

I did not say it was all, but If I was mortgage free unemployed 50+ I would not be busting my balls.

My father and wifes father have both stopped work (one redundant one medical) 64 and 63 years old. Both have taken early retirement.

So sorry you are getting it all wrong I never said all.:)
But was guessing we could see part time increase due to an aging population.