Lowest U.K. unemployment for 48 years.

Mottie · 13 Sep 2022

The lowest. For 48 years. With all those Europeans gone home too. My my….A Brexit bonus.

Pay squeeze remain as UK records lowest unemployment rate for 48 years

Regular pay failed to keep up with the rising cost of living despite wage increases and falling unemployment figures.

www.moneymarketing.co.uk

Brexit - does what it says on the tin.

Pat ex · 13 Sep 2022

Mottie said:
The lowest. For 48 years. With all those Europeans gone home too. My my….A Brexit bonus.

Pay squeeze remain as UK records lowest unemployment rate for 48 years

Regular pay failed to keep up with the rising cost of living despite wage increases and falling unemployment figures.

www.moneymarketing.co.uk

Brexit - does what it says on the tin.

Swings and roundabouts.

The so-called inactivity rate rose to 21.7%, the highest since 2017 driven by students or long-term sick.

United Kingdom Unemployment Rate - August 2022 Data - 1971-2021 Historical

The jobless rate in the UK fell to 3.6% in the three months to July of 2022, the lowest since 1974, from 3.8% in the previous period and compared to market forecasts of 3.8% as the number of people who are no longer looking for work increased. The so-called inactivity rate rose to 21.7%, the...

tradingeconomics.com

It's called moving the data around to show what you want it to show.

motorbiking · 13 Sep 2022

Its pretty good compared to the rest of Europe.

JohnD · 13 Sep 2022

The figure used by the government is not actually a count of unemployed people.

It is a count of people receiving unemployment benefits.

A great many tricks to massage the numbers down were introduced after they doubled under Thatcher

JohnD · 13 Sep 2022

https://www.ft.com/content/f96b0bf0-3145-478d-b16a-f671141581cd

"The Office for National Statistics said on Tuesday that the unemployment rate sank to 3.6 per cent in the three months to July, down 0.2 percentage points from the previous quarter and the lowest since 1974.

But this was not because more people were in work. Instead, there was a new jump in the number of people who said they were not working because they were studying or had a long-term health condition — which took the economic inactivity rate up 0.4 percentage points to 21.7 per cent, well above its pre-pandemic level."

So people not working have actually increased

Brexit

Does what we said it would

wobs · 13 Sep 2022

Mottie said:
The lowest. For 48 years. With all those Europeans gone home too. My my….A Brexit bonus.

How's that immigration rate being going since 2016?

carmanmemoranda · 13 Sep 2022

Mottie said:
The lowest. For 48 years. With all those Europeans gone home too. My my….A Brexit bonus.

Pay squeeze remain as UK records lowest unemployment rate for 48 years

Regular pay failed to keep up with the rising cost of living despite wage increases and falling unemployment figures.

www.moneymarketing.co.uk

Brexit - does what it says on the tin.

Did you actually read that report? And then what JohnD put as supporting information ? Not quite as good as it sounds, but headlines are great.

Diver Fred · 13 Sep 2022

Not surprised, seeing too many over 60's builders back working whilst the under 55's ex-builders are taking up SKIing*.

If other industries are the same then the country really is in the doo-doo.

*SKIing - Spending the Kids Inheritance...

fillyboy · 13 Sep 2022

motorbiking said:
Its pretty good compared to the rest of Europe.

Long term sickness increasing by almost half a million didn't help, start of the increase coincides with the NHS going on holiday.

ReganAndCarter · 13 Sep 2022

motorbiking said:
Its pretty good compared to the rest of Europe.

Except it could be inflationary. Sainsburys have raised pay twice recently and added extra perks.

Mottie · 14 Sep 2022

Just had to see how quickly some on here would start to **** on the bonfire. Yep. 20 mins, not bad.

drpepe · 14 Sep 2022

Mottie said:
Just had to see how quickly some on here would start to **** on the bonfire. Yep. 20 mins, not bad.

it is very easy to misinterpret headlines.

Mottie · 14 Sep 2022

It’s also easy to reel in the bonfire ****ers too.

Notch7 · 14 Sep 2022

Mottie said:
The lowest. For 48 years. With all those Europeans gone home too. My my….A Brexit bonus.

Pay squeeze remain as UK records lowest unemployment rate for 48 years

Regular pay failed to keep up with the rising cost of living despite wage increases and falling unemployment figures.

www.moneymarketing.co.uk

Brexit - does what it says on the tin.

Mottie approves of strike action to increase pay.

gas112 · 15 Sep 2022

And on the brightside its driving wages up instead of minimum wage and no real enhancements for overtime warehouse work paying 12 quid an hour and over also time and a half for overtime with many firms directly employing people instead of going through agencies . They have even took to the skies around my way with planes dragging banners offering jobs

Lowest U.K. unemployment for 48 years.

Similar threads