UK Employment hits new highs

MobileSaver

Tromking wrote: »

It’s anecdotal of course, but I don’t know anyone who is unemployed.

+1

In my local area of rural mid-Wales employment is 100% amongst those able to work.

Thrugelmir wrote: »

Fewest number of people in retirement in 25 years. Says a lot about people having to work to supplement their incomes.

Says a lot more about your bias and glass half empty attitude...

A lot of my older friends and relatives have hit retirement age in recent times and practically every one has chosen to continue working in one shape or form because they either enjoy what they do or just want to keep their mind and body active in their "retirement" years.

Zero_Sum

Isnt the definition of whats classed as being employed something ridiculous like 1 hours work a month?

fatbeetle

Not quite

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/methodologies/aguidetolabourmarketstatistics#employment

MobileSaver

Zero_Sum wrote: »

Isnt the definition of whats classed as being employed something ridiculous like 1 hours work a month?

What's the alternative? Is your definition of someone who works 1 hour a week that they are unemployed?

Zero_Sum

MobileSaver wrote: »

What's the alternative? Is your definition of someone who works 1 hour a week that they are unemployed?

For the purpose of employment stats theyre as good as. They have 2.5% of a FT job so rounded down.......

MobileSaver

Zero_Sum wrote: »

For the purpose of employment stats theyre as good as.

Only in your make-believe interpretation of what employment stats are; it's no secret how the stats are produced and fatbeetle linked to the actual definition.

Regardless, going by your definition, someone like me who was working up to 20 hours a day, 7 days a week, for years must be super-employed and balances out the small number of 1 hour a week workers anyway so the stats are still accurate and far from "ridiculous."

Zero_Sum

MobileSaver wrote: »

Only in your make-believe interpretation of what employment stats are; it's no secret how the stats are produced and fatbeetle linked to the actual definition.

Regardless, going by your definition, someone like me who was working up to 20 hours a day, 7 days a week, for years must be super-employed and balances out the small number of 1 hour a week workers anyway so the stats are still accurate and far from "ridiculous."

Theres nothing make believe about it. Its the prime reason you cant trust the stats as they dont take into account part time work. 2 people working 17-20 hours a week each isnt 2 jobs. Its one job shared between 2 people.

GreatApe

A person working 1h a week could not support themselves and would have to claim benefits which again would show up. Also full time and part time work is recorded

Simply there are always some people who want to paint a negative picture, the truth is the uk is a high wage full employment country thanks to free market capitalism

MobileSaver

Zero_Sum wrote: »

2 people working 17-20 hours a week each isnt 2 jobs. Its one job shared between 2 people.

No-one is claiming it's two jobs; the stats are not claiming to count jobs or represent only those who work 38 hours a week or some arbitrary figure that you, Zero Sum, have decreed is "real employment." The stats claim to represent how many people are in employment and this is exactly what they do.

And again, using your misguided definition, I was one person doing 3 or 4 "full-time jobs" so the stats balance out anyway.

Thrugelmir

MobileSaver wrote: »

+
Says a lot more about your bias and glass half empty attitude...

A lot of my older friends and relatives have hit retirement age in recent times and practically every one has chosen to continue working in one shape or form because they either enjoy what they do or just want to keep their mind and body active in their "retirement" years.

As an example the number of outstanding interest only mortgages is more indicative of the wider real world. Low pension provision, low savings rate, high consumer debt likewise. I know a number of people able to retire with gold plated NHS pensions at 55. Unfortunately they are in the minority.