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Unemployment falls again

Down 36,000.

Youth unemployment also down by 30,000.

Good news again.:beer:
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”

-- President John F. Kennedy”
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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well yes, good news. But you appear to have forgotten to mention that the new claimant count for April rose 12,400.

    The unemployment figures are over 3 months. The April figures for new claimants is rising. So not sure where that will leave th enext 3 monthly figures.

    Either way, unemployment is currently running at 7.7% and youth unemployment now running at 20%. Sad state of affairs.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
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    Either way, unemployment is currently running at 7.7% and youth unemployment now running at 20%. Sad state of affairs.

    Very sad.

    But AFAIK it's significantly better than it was in the last major recession of the early 90's.

    So the policy response this time is working far better than it did last time.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • rxbishop
    rxbishop Posts: 846 Forumite
    If unemployment rises this is a bad thing right, but if it falls is that a bad thing too?
  • doire_2
    doire_2 Posts: 2,275 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I wonder how many are part time
  • Milarky
    Milarky Posts: 6,356 Forumite
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    Be among the few people in Britain to sample the delights of the official ONS YouTube channel

    There is actually a rather good summary on historical employment trends here:

    Part 1
    Part 2
    Part 3
    .....under construction.... COVID is a [discontinued] scam
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    rxbishop wrote: »
    If unemployment rises this is a bad thing right, but if it falls is that a bad thing too?

    Apparently....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    doire wrote: »
    I wonder how many are part time

    'The quarterly increase in employment was mainly driven by full-time employment which increased by 94,000 on the quarter to reach 21.30 million.'

    http://www.statistics.gov.uk/CCI/nugget.asp?ID=12
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Apparently....

    More unemployment means cheaper houses,repo bargains to be had.
    Official MR B fan club,dont go............................
  • DervProf
    DervProf Posts: 4,035 Forumite
    Down 36,000.

    Youth unemployment also down by 30,000.

    Good news again.:beer:

    I agree, good news, on the face of it.

    I heard a report on the radio earlier stating that part of the reason for the fall in unemployed is because some people have been moved onto JSA, which removes them from the figures.

    Now, I might have got that a bit wrong, but I'm sure that's what they were saying.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
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    DervProf wrote: »
    I agree, good news, on the face of it.

    I heard a report on the radio earlier stating that part of the reason for the fall in unemployed is because some people have been moved onto JSA, which removes them from the figures.

    Now, I might have got that a bit wrong, but I'm sure that's what they were saying.

    The point there is that the claimant count has increased because people are being moved onto JSA. It's the broader measure that's falling.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
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