UK Unemployment falls again

coastline

Graham_Devon wrote: »

This is why I hate figures. Like you say, it might be part of it, but just shows how statistics can suggest something different.

Interestingly, how do you "opt out" of the labour market in a way the ONS can measure?

Would, say, a housewife/husband, out of work, not on benefits, not wanting work, have opted out? And if so, how do the ONS measure it?

I ask this only because I know a couple of colleagues have partners at home looking for work, but not in a major rush to do so, and are looking after the kids / home while they look.....would they be counted as unemployed, or "other"?

People claiming cash on the dole are 1.5m....the total number registered and actively seeking work are 2.5m...so 1m not claiming money.
If the inactive count has gone up 60,000 it could mean they have cash and can't claim dole afer the initial 6 months or they have simply given up looking for work.

Dinney

Where did the figures come from regarding the fall in unemployment ,from the government ,they are probably telling lies to try and coverup the fact that what they are doing actually hasn't worked and I do not trust any of the politicians

Jennifer_Jane

coastline wrote: »

People claiming cash on the dole are 1.5m....the total number registered and actively seeking work are 2.5m...so 1m not claiming money.
If the inactive count has gone up 60,000 it could mean they have cash and can't claim dole afer the initial 6 months or they have simply given up looking for work.

In my own rather well-off corner of England (although I rush to say that I personally am not well-off, in case I get loan requests), our major employer has cut thousands of jobs. These people had mostly worked for decades in the Company and received hundreds of thousands of pounds in redundancy pay, plus early Company pensions. I assume that they don't fall into the retired categories as they are too young for Basic State Pension, but are now too wealthy (and in their 50's) to claim JSA - or to want to jump through the hoops as an earlier [STRIKE]troll [/STRIKE] poster indicated.

Indeed, even though I had only been in the Company for 7 years or so, it would have suited me very well to get a lovely redundancy payout. I was very upset to be denied this!

the_flying_pig

yeah... the unemployment rate is the single most politically important statistic that there is in pretty much every country in the world.

this means that it's been vital to take it with a huge pinch of salt for a very long time now. e.g. not so long ago we were discussing the huge number of people picking up sick/disability pay, but c. 25 yrs ago there was a very conscious push to get people off unemployment benefit & onto other things including sick pay, bringing down headline unemployment being a driver of this.

StevieJ

Jennifer_Jane wrote: »

In my own rather well-off corner of England (although I rush to say that I personally am not well-off, in case I get loan requests), our major employer has cut thousands of jobs. These people had mostly worked for decades in the Company and received hundreds of thousands of pounds in redundancy pay, plus early Company pensions.

Are you in the North West JJ?

Jennifer_Jane

StevieJ wrote: »

Are you in the North West JJ?

Cheshire, daaarling.

StevieJ

Jennifer_Jane wrote: »

Cheshire, daaarling.

Near Chester?

grizzly1911

StevieJ wrote: »

Near Chester?

Somewhere round it.:p

coastline

Generali wrote: »

Next section: How Bad is /was the Recession (numbers since 2007)
That's actually not such a bad recession if you compare to 1979-81 for example when unemployment rose from about 1,000,000 to 3,000,000 (not St Maggie's fault) or 1990-92 when it rose from about 1,600,000-3,000,000 (under John of Brixton).

The number we've all been waiting for.

good old Labour eh...the mess isn't nowhere near as bad as the government are telling us..;)

Conrad

Employment at highest figure ever.

Part time jobs down, full time up.

Income up 1.8% over the year.

Highest number of new business's created last yr.


We're rebalancing and creating wealth.

Growth is masked by the fact many many more people now deal more in cash. I see this much more myself now, even some large local building firms offer cash terms on large jobs.