Brexit, the economy and house prices part 5

iro

Herzlos wrote: »

The number in work or the number not unemployed? How's under employment looking?

I've seen some recruitment effort for some tech growth, but I'm not aware of any real job growth (not with 2 huge chains going bust).I'm also not sure if this 2.8% wage rise is propagating through to every one. Statistics and all that.

The article you mention was titled "wage growth fails to overtake inflation"?

Glad you mentioned that


Sadly the BBC as usual half glass empty when it comes to Brexit


From the ONS


Looking at longer-term movements, average total pay for employees in Great Britain in nominal terms increased from £376 per week in January 2005 to £513 per week in February 2018; an increase of 36.2%. Over the same period, the Consumer Prices Index including owner occupiers!!!8217; housing costs (CPIH) increased by 34.0%.


BBC a bit slow at adjusting to the new headline inflation rate CPIH which is a better measure of households true living costs.


Anything else I can help you with?

Malthusian

Herzlos wrote: »

Do you really think the heads of trading companies don't understand the markets or listen to their staff?

Some of them understand how to rig a yacht. Most of the rest are totally ignorant.

iro

Herzlos wrote: »

Are there enough traders in Essex to swing the vote?

Do you really think the heads of trading companies don't understand the markets or listen to their staff? Or do you think the petitions were for political reasons?

May I suggest a trip to Fenchurch Street on a weekday from 6.30 am to ask them?

This may involve more effort on your part than simply posting what in my opinion looks like second hand, vicarious drivel.

Herzlos

iro wrote: »

May I suggest a trip to Fenchurch Street on a weekday from 6.30 am to ask them?

This may involve more effort on your part than simply posting what in my opinion looks like second hand, vicarious drivel.

I think I'll pass. It's a lot of effort to disprove something that doesn't pass a sniff test.

Herzlos

Malthusian wrote: »

Some of them understand how to rig a yacht. Most of the rest are totally ignorant.

I know that's the perception of CEOs but they aren't usually hired at random so I doubt most are truly clueless. I remain unconvinced that they all know so little about their field of business to have the opposite opinion to the majority of their staff. Some, sure, but most of them?

Herzlos

iro wrote: »

Anything else I can help you with?

Can you point me to your source?

I'm suspicious of the timeline and nominal terms.

iro

Herzlos wrote: »

Can you point me to your source?

I'm suspicious of the timeline and nominal terms.

ONS I am sure you can navigate your way there.

iro

I think I'll pass. It's a lot of effort to disprove something that doesn't pass a sniff test.


Is this is a reference to Leave voters smelling, Essex commuters smelling or the street smelling?

Herzlos

iro wrote: »

I think I'll pass. It's a lot of effort to disprove something that doesn't pass a sniff test.


Is this is a reference to Leave voters smelling, Essex commuters smelling or the street smelling?

It might be an engineering term, meaning that it's so obviously wring it's not worth any further scrutiny.

I.e. does it smell of burning? Does the meat smell off?

Herzlos

iro wrote: »

ONS I am sure you can navigate your way there.

Latest employment data release?