Unemployment down 57,000

Rinoa

http://www.bbc.co.uk/news/business-23340165

The good news just keeps coming.

:beer:

HAMISH_MCTAVISH

That is indeed good news. :beer:

Although it's still a good million or more higher than where it should be, thanks to austerity....

Rinoa

HAMISH_MCTAVISH wrote: »

That is indeed good news. :beer:

Although it's still a good million or more higher than where it should be, thanks to austerity....

You and Ed Balls singing from the same hymn sheet ~ that must be worrying.

HAMISH_MCTAVISH

Rinoa wrote: »

You and Ed Balls singing from the same hymn sheet ~ that must be worrying.

Not as worrying as worshipping the Oik.

Help to Buy and FFL are the first thing he's managed to not screw up so far. And we've yet to see if he'll manage to not screw up the second, more important, phase of help to buy.

spacey2012

The number of people claiming unemployment benefit is down 57,000
That is because they sanction people for 3 months giving them hardship payments which gets them off the list.
I doubt many have found full time regular unemployment.

angrypirate

HAMISH_MCTAVISH wrote: »

That is indeed good news. :beer:

Although it's still a good million or more higher than where it should be, thanks to austerity....

Do you have proof to back up this claim? Or is it just the expert knowledge of the McTav that allows you to see into parallel universes?

Or are you a firm follower of that idiot, whats his name, Blanchflower, who claimed that thanks to Austerity unemployment would surgge past 3 million to 3.4 million, possibly even 4 - 5million due to austerity?

antrobus

spacey2012 wrote: »

...I doubt many have found full time regular unemployment.

Oh, I don't know. Finding "full time regular unemployment" ain't that difficult. Millions of pensioners seem to be able to find it without any problem.:)

Generali

Rinoa wrote: »

http://www.bbc.co.uk/news/business-23340165

The good news just keeps coming.

:beer:

From the horse's mouth:

Employment up 16,000 on the quarter and 336,000 on the year

Overall, there were 29.71 million people in work, a small increase of 16,000 when comparing March-May 2013 with the previous three months. Looking over a longer time period, employment was up 336,000 on the year. The employment rate, which measures the percentage of people aged from 16 to 64 in work, was 71.4%.
Unemployment down 57,000 on the quarter and 72,000 on the year

Turning to unemployment, there were 2.51 million people out of work and looking for work, a fall of 57,000 when comparing March-May 2013 with the previous three months. The unemployment rate, which measures the percentage of the labour force aged 16 and over who were unemployed, was 7.8%.
Compared with a year earlier there were 72,000 fewer unemployed people. The number of people who had been unemployed for up to one year fell by 104,000 to reach 1.59 million, but the number of people who had been unemployed for over one year increased by 32,000 to reach 915,000 for March-May 2013, the highest figure since 1996. Looking in more detail at the 915,000 people who were unemployed for over a year, just over half (474,000) had been out of work and looking for work for over two years, the highest figure since 1997.
The number of vacancies within the UK continued to rise to reach 529,000 for April-June 2013, the highest since 2008.
A further fall in the number of claimants

Comparing June 2013 with a month earlier the number of people claiming Jobseeker’s Allowance (JSA) fell by 21,200 to reach 1.48 million and, over the year, was down 117,700. The number of JSA claimants is the lowest since March 2011. The Claimant Count measures the number of people claiming Jobseeker’s Allowance (JSA) and differs from unemployment as many unemployed people are not eligible for or do not claim Jobseeker’s Allowance.

So a third of a million more people working than this time last year, 118k fewer people claiming the dole and 72,000 fewer unemployed people. The only blight really is long term unemployment. That's a problem largely caused by the welfare state which effectively prevents people from taking much lower paid work than they did before.

All excellent news if you're not Ed Balls.

quantic

I'm all for a genuine decline in unemployment, and I'm not calling them liars but I would love to see an honest break down of the 9.04 million economically inactive...

angrypirate

HAMISH_MCTAVISH wrote: »

Not as worrying as worshipping the Oik.

Help to Buy and FFL are the first thing he's managed to not screw up so far. And we've yet to see if he'll manage to not screw up the second, more important, phase of help to buy.

Help to Buy is going to be a mess. For a country to be in a position where the Government has to provide funding for people to get on the ladder just shows how messed up a market it is.

Generali

quantic wrote: »

I'm all for a genuine decline in unemployment, and I'm not calling them liars but I would love to see an honest break down of the 9.04 million economically inactive...

http://www.ons.gov.uk/ons/rel/lms/labour-market-statistics/july-2013/table-inac01.xls

(opens in Excel)

Students = 25%
Carers & 'housewives' (m/f) = 25%
Temporary sick = 2%
Long Term sick = 23%
Discouraged workers = 1% (people who wanted to work but have given up looking)
Retired before age 64 = 15%
Other = 9%