Budget

[motorbiking]

Well if you read it they are saying it will lead to job losses.

Party for business..party for working people

 

[ajohn]

Well as things stand we will be seeing what happens - eventually. The Gov, OBR and BofE think it will be absorbed by price increases = +0.3% inflation, then another 0.4% via wage increase - general ones as they put it across. both short term.

 

[JohnD]

Well if you read it they are saying

They are saying whatever they think might garner some public support.

Who could have seen that coming?

 

[motorbiking]

Going well so far under Labour…

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

www.bbc.co.uk

 

[Notch7]

Going well so far under Labour…

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

www.bbc.co.uk

If Tories hadn’t wrecked this country over 14 years, Labour wouldn’t be needing to make tough decisions.

Labour have made long terms plans, because they are a responsible govt.


Let’s look at what Motorbikings voting for Tories achieved:

14 years of appalling failure in every way:

Growing debt =
2010 £1trillion
2024 £2.7trillion

Growing taxes=
2023 highest taxes for 70 years

Collapsing public services
NHS waiting lists
2010 2,3 million
2023 8 million

 

[motorbiking]

Going up under Labour.

The only thing coming down is the number jobs. Meanwhile Rachel from accounts piles on the taxes.

 

[Vinty]

It’s a tax haven

Member of the EU as well.

 

[carmanmemoranda]

Going up under Labour.

The only thing coming down is the number jobs. Meanwhile Rachel from accounts piles on the taxes.

You can vote them out soon

 

[ajohn]

Going well so far under Labour…

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

www.bbc.co.uk

However, the Office for National Statistics (ONS) urged caution over giving too much weight to its latest jobs figures due to issues with how it gathers the data.

While wage growth has eased, pay is still rising faster than inflation, which measures the rate of price increases.
Excluding bonuses, pay grew at an annual rate of 4.8% between July and September - the lowest in more than two years.

The number of vacancies also fell again, as they have been doing for more than two years now.
Liz McKeown, director of economic statistics at the ONS, pointed out that the total still remains a little above pre-pandemic levels.

Do you read links that you have posted?

 

[denso13]

Do you read links that you have posted?

Obviously not. He still has PTSD from the election landslide.

 

[ajohn]

The early estimate of payrolled employees for October 2024 decreased by 5,000 (0.0%) on the month but increased by 95,000 (0.3%) on the year, to 30.4 million. The October 2024 estimate should be treated as a provisional estimate and is likely to be revised when more data are received next month.

The UK employment rate for people aged 16 to 64 years was estimated at 74.8% in July to September 2024. This is largely unchanged on a year ago, but up in the latest quarter.

Labour market overview, UK - Office for National Statistics

Estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK.

www.ons.gov.uk

 

[motorbiking]

and the pain hasn't even started yet.

Do you read links that you have posted?

of course... provisional numbers.. blah blah.. nothing suggests that they are substantially wrong. ONS are just sharing necessary caution.

 

[ajohn]

ONS are just sharing necessary caution.

You didn#t notice the post from the NOS page where employment is up? The entire page says a ;ot about the problems they have coming up with accurate figures and also different methods of studying it.

 

[motorbiking]

You didn#t notice the post from the NOS page where employment is up? The entire page says a ;ot about the problems they have coming up with accurate figures and also different methods of studying it.

read section 4.

 

[carmanmemoranda]

and the pain hasn't even started yet.

of course... provisional numbers.. blah blah.. nothing suggests that they are substantially wrong. ONS are just sharing necessary caution.

You don't read your links do you



But the ONS's Labour Force Survey, which produces the data on jobs in the UK, has had a smaller number of respondents over the past year than normal, prompting concerns over its reliability.