Private sector slashing jobs....
Private sector slashing jobs....
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Discussion

Corsair7

Original Poster:

20,911 posts

278 months

Thursday 26th April 2012
quotequote all
The government said that the private sector would be taking on the hundreds of thousands being made redundant by the public sector, but it seems to me the private sector is consticting faster now than it has over the last four years....

Has the government got any idea of a plan B to stop the unemplyment rate going through the roof?

muffinmenace

1,100 posts

219 months

Thursday 26th April 2012
quotequote all
Where is the private sector slashing jobs? Do you have any links?

Magog

2,653 posts

220 months

whoami

13,201 posts

271 months

Thursday 26th April 2012
quotequote all
Corsair7 said:
The government said that the private sector would be taking on the hundreds of thousands being made redundant by the public sector, but it seems to me the private sector is consticting faster now than it has over the last four years....

Has the government got any idea of a plan B to stop the unemplyment rate going through the roof?
Unemployment fell last quarter.

martin84

5,366 posts

184 months

Thursday 26th April 2012
quotequote all
whoami said:
Unemployment fell last quarter.
Only according to the figures which are easily massaged due to the bizarre calculation method.

whoami

13,201 posts

271 months

Thursday 26th April 2012
quotequote all
martin84 said:
whoami said:
Unemployment fell last quarter.
Only according to the figures which are easily massaged due to the bizarre calculation method.
So it rose then?

martin84

5,366 posts

184 months

Thursday 26th April 2012
quotequote all
whoami said:
So it rose then?
It didn't really do anything. For instance seasonal work from Christmas will be included in the last quarters figures so I can guarantee this quarters figures will show (when released in a few months) that unemployment rose.

Corsair7

Original Poster:

20,911 posts

278 months

Thursday 26th April 2012
quotequote all
muffinmenace said:
Where is the private sector slashing jobs? Do you have any links?
News today in our area is that 4 major are cutting jobs - total about 10,000.

Walk down most town high streets and shops and businesses are closing, not opening.

Show me any recent 'good news' job announements that havent all mostly been low wage jobs like Tescos etc...


Gargamel

16,415 posts

292 months

Friday 27th April 2012
quotequote all
Jaguar announced 1000 new jobs about three months ago, Nissan also are hiring extensively.

davepoth

29,395 posts

230 months

Friday 27th April 2012
quotequote all
martin84 said:
It didn't really do anything. For instance seasonal work from Christmas will be included in the last quarters figures so I can guarantee this quarters figures will show (when released in a few months) that unemployment rose.
Figures are quarterly, the first quarter runs January - March, so any people who were employed in early December and then sacked in january would impact negatively on the numbers rather than positively as you suggest. Those figures showed:

Office of National Statistics said:
The employment rate for those aged from 16 to 64 was 70.4 per cent, up 0.1 on the quarter. There were 29.17 million people in employment aged 16 and over, up 53,000 on the quarter. The unemployment rate was 8.3 per cent of the economically active population, down 0.1 on the quarter. There were 2.65 million unemployed people, down 35,000 on the quarter. This is the first quarterly fall in unemployment since the three months to May 2011. The inactivity rate for those aged from 16 to 64 was 23.1 per cent, down 0.1 on the quarter. There were 9.27 million economically inactive people aged from 16 to 64, down 25,000 on the quarter.
Employed is "working", Unemployed is "Claiming JSA", economically inactive is "Not working, not claiming JSA, but may be claiming other benefits" effectively.

http://www.ons.gov.uk/ons/rel/lms/labour-market-st...

What the media have been rather naughtily omitting from their figures is that the increase in the unemployed has actually been at least in part due to people being forced out of economic inactivity and into job seeking.

Du1point8

22,965 posts

223 months

Friday 27th April 2012
quotequote all
davepoth said:
martin84 said:
It didn't really do anything. For instance seasonal work from Christmas will be included in the last quarters figures so I can guarantee this quarters figures will show (when released in a few months) that unemployment rose.
Figures are quarterly, the first quarter runs January - March. And those figures showed:

Office of National Statistics said:
The employment rate for those aged from 16 to 64 was 70.4 per cent, up 0.1 on the quarter. There were 29.17 million people in employment aged 16 and over, up 53,000 on the quarter. The unemployment rate was 8.3 per cent of the economically active population, down 0.1 on the quarter. There were 2.65 million unemployed people, down 35,000 on the quarter. This is the first quarterly fall in unemployment since the three months to May 2011. The inactivity rate for those aged from 16 to 64 was 23.1 per cent, down 0.1 on the quarter. There were 9.27 million economically inactive people aged from 16 to 64, down 25,000 on the quarter.
Employed is "working", Unemployed is "Claiming JSA", economically inactive is "Not working, not claiming JSA, but may be claiming other benefits" effectively.

http://www.ons.gov.uk/ons/rel/lms/labour-market-st...

What the media have been rather naughtily omitting from their figures is that the increase in the unemployed has actually been at least in part due to people being forced out of economic inactivity and into job seeking.
don't forget not doing toilet paper degrees as well that were encouraged by labour to hide unemployment.

martin84

5,366 posts

184 months

Friday 27th April 2012
quotequote all
Du1point8 said:
don't forget not doing toilet paper degrees as well that were encouraged by labour to hide unemployment.
Labour encouraged people into further education and succeeded?

Damn them! rolleyes

Du1point8

22,965 posts

223 months

Friday 27th April 2012
quotequote all
martin84 said:
Du1point8 said:
don't forget not doing toilet paper degrees as well that were encouraged by labour to hide unemployment.
Labour encouraged people into further education and succeeded?

Damn them! rolleyes
yes cause everyone needs a degree in beckham or texting, but hey its free and will help them get a job at the end of it... probably the public sector i guess.

rolleyes

martin84

5,366 posts

184 months

Friday 27th April 2012
quotequote all
Du1point8 said:
yes cause everyone needs a degree in beckham or texting, but hey its free and will help them get a job at the end of it... probably the public sector i guess.

rolleyes
Where is there actually a degree in texting? I mean seriously, show me.

wollowizard

15,137 posts

231 months

Friday 27th April 2012
quotequote all
martin84 said:
Only according to the figures which are easily massaged due to the bizarre calculation method.
Would that be the same figures that labour used to hid the 8.5 nillion unemployed?

wollowizard

15,137 posts

231 months

Friday 27th April 2012
quotequote all
martin84 said:
Only according to the figures which are easily massaged due to the bizarre calculation method.
Would that be the same figures that labour used to hid the 8.5 nillion unemployed?

martin84

5,366 posts

184 months

Friday 27th April 2012
quotequote all
wollowizard said:
Would that be the same figures that labour used to hid the 8.5 nillion unemployed?
Also the same methods the Conservative's are still - two years later - using to hide the 8.5 million unemployed smile

davepoth

29,395 posts

230 months

Friday 27th April 2012
quotequote all
martin84 said:
Where is there actually a degree in texting? I mean seriously, show me.
Birmingham, apparently.

http://www.mirror.co.uk/news/uk-news/student-gets-...

martin84

5,366 posts

184 months

Friday 27th April 2012
quotequote all
davepoth said:
Apparently being the operative word because despite the headline, what the student actually has is a PhD in English.

wollowizard

15,137 posts

231 months

Friday 27th April 2012
quotequote all
martin84 said:
wollowizard said:
Would that be the same figures that labour used to hid the 8.5 nillion unemployed?
Also the same methods the Conservative's are still - two years later - using to hide the 8.5 million unemployed smile
Yes those ones. I'm glad you accept the scale of the problem that was left for the coalition to fix.