unemployment figures

[gary hubbard]

quick question . new figures out this morning of aprox 2.5 mil out of work . and 1.6 mil clamping job seeker allowance does that actually mine theres 4.1 mil out of work in realy turms . or is that 1.6 in with the 2.5 mil out of work .

[turbobloke]

Neither as in the UK there are about 8 million adults of working age who are not working.

It's all about categories.

[ExChrispy Porker]

Plenty of people who are out of work cannot claim Jobseekers.
I could not, because I receive a pension, for example.

[gary hubbard]

so if thats the case . the goverment are openly hiding the facts then . nice

[ExChrispy Porker]

gary hubbard said:

so if thats the case . the goverment are openly hiding the facts then . nice

like many statistics, the figures are pretty meaningless.

[Caulkhead]

gary hubbard said:

so if thats the case . the goverment are openly hiding the facts then . nice

Not necessarily. A good example is students - any student who has never had a paid job does not appear on the unemployment figures yet those who have had a job at some time whilst studying but no longer have a job count as unemployed, whether they want a job while they study or not. It's all about who should be included and who shouldn't depending on your point of view.

[matsmith]

anonymous said:

[redacted]

Yes if we don't take into account the unemployment due to being economically inactive, looking at the June report the seasonally adjusted employment rate for 16-64 year olds was 70.7% (29.27 million)

The economically inactive rate was 23.2% (9.30 million 16-64 year olds)

Yet we're told that about 2.5 million people are "unemployed". While to the definition of the statistic it is perfectly true, it masks a problematic reality.

[ralphrj]

We had similar discussion about the unemployment figures last month.

Here

There are 2 different measure of unemployment:

1. There is the count of people who are unemployed and claiming jobseekers allowance - 1.56 million people.

2. There is an estimate of the number of people unemployed from the Labour Force Survey (LFS) - 2.49 million people.

Some or all of the 1.56 million figure may be included in the 2.49 million figure.

The second figure exists because not everyone who is out of work is entitled to jobseekers allowance and as the official count of unemployment varies from country to country an estimate from a standard survey allows the labour market in different countries to be compared.

There is a further measure of people who are econcomically inactive.

The economically inactive fall into 6 areas:

1. Students (over the age of 16)
2. Retired (before the age of 64)
3. Long term sick/injured
4. Looking after family/home
5. "Discouraged" workers
6. Other

[SplatSpeed]

look at the figures for the people on disability, these increased under labor as the unemployment decreased!