Unemployment Rising Fast-By Area-All Time High Predicted

GeorgeHowell

DecentLivingWage wrote: »

You make an interesting point. The trouble with it that predictions influence the mood of voters/consumers. Frighetened broke voters don't spend - too scared to spend for fear it's their job next. So let's narrow it down shall we? Let's just debate the next quarters unemployment rise as figs will be out soon, and it's not looking good!

And if it isn't good then the answer is what ? Increase the national debt burden still further by creating more non-jobs in the public sector ?

BertieUK

GeorgeHowell wrote: »

And if it isn't good then the answer is what ? Increase the national debt burden still further by creating more non-jobs in the public sector ?

It will be very interesting to see what answers are given to this very valid point. Results of any change in policies cannot always show immediate positive results, only time will tell, but many people do not want to wait for the seeds to grow for any length of time.

DecentLivingWage

There are no trains into the west country for poss 3 weeks! Badly maintained drains are causing roads to break down and poor/midddle class hardworking families have no houses to live in! Are the cuts now now slowly rotting our infrastructure as well? Invest, invest, invest in infrastructure as the US has done - that bring s real jobs not non-jobs? Confident workers spend and grow the economy - Labour left growth at 4%

A._Badger

I see Ed Mlliband's sock puppet is up late.

Labour damn near bankrupted the country in its miserable attempt to buy votes.

God knows this current bunch of twerps isn't much to write home about but the thought of that drooling Marxist baby and his pack of hypocrites (Oppenheimer/Hodge at the forefront) winning an election is a guarantee of yet more Keynesian doom.

brit1234

DecentLivingWage wrote: »

Here's the true (non-newspaper,non-bbc story from the CEBR report)

http://www.cebr.com/unemployment-to-keep-rising-to-2016-across-uk-except-in-the-south-east-east-and-london/

Sorry fail, your quoting the CEBR :rotfl:They are never accurate on anything just ask Hamish about his constant use of them with house price predictions.

Road_Hog

Of course unenployment is going to rise. The government ONS figures say that we are goin to have 4.5 million net immigration ove the next 10 years.

That's 5 new Birminghams.

Generali

Road_Hog wrote: »

Of course unenployment is going to rise. The government ONS figures say that we are goin to have 4.5 million net immigration ove the next 10 years.

That's 5 new Birminghams.

That's 4,500,000 haircuts every 6 weeks; 36,000,000 pairs of shoes sold a year; another few hundred thousand cars to be built sold and then serviced; a couple of million houses built. The extra employment opportunities will be almost endless!

DecentLivingWage

brit1234 wrote: »

Sorry fail, your quoting the CEBR :rotfl:They are never accurate on anything just ask Hamish about his constant use of them with house price predictions.

Sorry, don't want to burst your bubble of optimism on unemployment, but I'll be back later with a load more reports all saying the same thing - unemployment rising fast - the figures are getting more and more difficult to disguise. Was it an Osborne Plan A Fail you meant?

There you go : OECD good enough for you? Or are you more expert at economics than all of them?

'Britain will be hit with rising unemployment next year as its economic recovery is held back by eurozone woes, spending cuts and the global slowdown, a respected think-tank warned.

The Paris-based Organisation for Economic Co-operation and Development (OECD) said UK firms may put hiring on hold amid a subdued and uncertain recovery.'

There's more in the article obviously, which we can debate later on.

http://money.aol.co.uk/2012/11/27/oecd-warns-on-rising-unemployment/

Thrugelmir

DecentLivingWage wrote: »

Labour left growth at 4%

and an indebted economy. As there was no longer going to to be boom and bust. Thanks to a prudent chancellor of the exchequer. So consumers went out and spent money they didn't have. Now many are paying the price.

DecentLivingWage

DecentLivingWage wrote: »

brit1234 wrote: »

Sorry fail, your quoting the CEBR :rotfl:They are never accurate on anything just ask Hamish about his constant use of them with house price predictions.

Sorry, don't want to burst your bubble of optimism on unemployment, but I'll be back later with a load more reports all saying the same thing - unemployment rising fast - the figures are getting more and more difficult to disguise. Was it an Osborne Plan A Fail you meant?

There you go : OECD good enough for you? Or are you more expert at economics than all of them?

'Britain will be hit with rising unemployment next year as its economic recovery is held back by eurozone woes, spending cuts and the global slowdown, a respected think-tank warned.

The Paris-based Organisation for Economic Co-operation and Development (OECD) said UK firms may put hiring on hold amid a subdued and uncertain recovery.'

There's more in the article obviously, which we can debate later on.

http://money.aol.co.uk/2012/11/27/oecd-warns-on-rising-unemployment/

PS Just looking at a rather surprising list of tables on London's shock rise in unemployment now by borough ... will post later