Debate House Prices


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UK unemployment rate falls to 5.2%, lowest in nearly 10 years

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Thrugelmir wrote: »
    There's also those off the unemployed register that are seeking employment.

    Someone raises this and/or zero hours every time official unemployment rates fall.

    It's an inbuilt pessimism that wants to believe every newly employed person has been replaced by an 'off the books' newly unemployed person.
  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    edited 20 August 2016 at 11:26AM
    On Bloomberg, a CEO claimed that the only reason the UK's unemployment is down is because of falling real wages. He claimed that EU countries have high levels of unemployment because they opted for higher wage growth. He showed charts to help explain his theory.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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