Brexit, The Economy and House Prices (Part 2)

A_Medium_Size_Jock

ilovehouses wrote: »

http://www.bbc.co.uk/news/business-40354331



The fall in Sterling has meant we're asking migrants to do jobs Brits don't fancy and take a pay cut for doing it. At the same time unemployment in the Eurozone has hit an 8 year low

Quote:
More than 1m people have been lifted out of unemployment in the eurozone during the past year, pushing the jobless rate to the lowest in almost eight years and underscoring how the economic recovery is gathering pace across the bloc.

Factories in the eurozone also enjoyed another bumper month, reporting their highest levels of activity since 2011. Factories in Italy were at their busiest in six years, according to Markit’s purchasing managers’ index for manufacturing.


Interesting times ahead.

Interesting that you don't tell us just what the actual figures are.
So I will:

Euro area unemployment at 9.3%

From Eurostat's latest figures here: http://ec.europa.eu/eurostat/en/web/products-press-releases/-/3-31052017-AP

*Note*
For comparison UK rate in this release = 4.4%

A_Medium_Size_Jock

From the BBC like regarding fruit & veg pickers:

Reliance on migrant workers isn't a specific challenge for the UK, according to David Swales, analyst at the Agriculture and Horticulture Development Board.
"If we look at other developed countries around the world, places like Australia and New Zealand, they source labour from the Pacific Islands.
"In the US, they source labour from Mexico and the Caribbean countries. So there are a number of places where countries have to go outside their borders to source the seasonal workers that they need," he added.
Obvious solution?

The nationalities of these workers have changed over the decades in the UK. There used to be a seasonal agricultural workers scheme which allowed growers and farmers to attract workers from across the world.
The industry says it worked and believes it's the obvious solution now Britain has decided to leave the EU.

http://www.bbc.co.uk/news/business-40354331

In other words, we used to do it and we can do it again.

always_sunny

kabayiri wrote: »

Just 6% of those with learning difficulties are employed.

Contrary to expectation, these people actually take pride from low skilled work like cleaning up at your local fast food restaurant.

They should now be given a chance, with support from the state.

sometimes I need to google your stats to understand what you're trying to go on about.
Just 6% of those with learning difficulties are employed in 2015, which is down from 7.1% in 2012 but as a statement alone doesn't say much.
A BBC article seems to suggest that these 6% are fewer than 10k people, so 100% much be 166k that could be employed if:
1) they wanted to
2) there was a suitable job
3) employers hired them

Even if all of them were employed, it's still a very small number compared to the gap in workforce required, not sure about the context with Brexit, maybe it's a thread on its own?

always_sunny

A_Medium_Size_Jock wrote: »

Interesting that you don't tell us just what the actual figures are.
So I will: From Eurostat's latest figures here: http://ec.europa.eu/eurostat/en/web/products-press-releases/-/3-31052017-AP

*Note*
For comparison UK rate in this release = 4.4%

We knew that before, so if the 'For comparison UK rate in this release = 4.4%' what are folks moaning about migrants taking jobs when unemployment is the lowest it has ever been?
Are you suggesting the UK should aim for full employment like in the Soviet Union?

Thrugelmir

always_sunny wrote: »

We knew that before, so if the 'For comparison UK rate in this release = 4.4%' what are folks moaning about migrants taking jobs when unemployment is the lowest it has ever been?
Are you suggesting the UK should aim for full employment like in the Soviet Union?

What about those whose reality isn't reflected in the stats. Retired early, no longer on unemployed benefits, work in a job well below their skill level, want to work more hours etc.

A_Medium_Size_Jock

always_sunny wrote: »

We knew that before, so if the 'For comparison UK rate in this release = 4.4%' what are folks moaning about migrants taking jobs when unemployment is the lowest it has ever been?
Are you suggesting the UK should aim for full employment like in the Soviet Union?

What "folks" where?
I suggest nothing, show me where I did?
I just present the figures that you neglected to give; any comment as to why you did not show these figures?

always_sunny

Thrugelmir wrote: »

What about those whose reality isn't reflected in the stats. Retired early, no longer on unemployed benefits, work in a job well below their skill level, want to work more hours etc.

I don't where you're trying to get, is any stats really ever true?

always_sunny

A_Medium_Size_Jock wrote: »

What "folks" where?
I suggest nothing, show me where I did?
I just present the figures that you neglected to give; any comment as to why you did not show these figures?

What figures, what are you trying to get to?

Thrugelmir

always_sunny wrote: »

I don't where you're trying to get, is any stats really ever true?

The fact that unemployment is low isn't a reason to go round back patting.

Rinoa

TM: EU citizens can stay. Oversight by ECJ firmly rejected.

http://www.telegraph.co.uk/news/2017/06/22/brexit-deal-3-million-eu-citizens-allowed-stay-uk-permanently/