Unemployment rate falls to 4.3% as wages stagnate
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    Default Unemployment rate falls to 4.3% as wages stagnate

    Amazing isn't it? Soon there'll be no unemployed working able people left in the UK.

    What's really going on here? Tory's doing a first class job managing the economy? Cause the economy or productivity levels don't appear to be improving, in fact the reverse.

    Or an ever increasing ageing population with fewer employable people messing up the stats?


    Unemployment in the UK fell by 75,000 in the three months to July, official figures show, bringing the jobless rate down to 4.3%.

    This is a fresh 42-year low, but a squeeze on real incomes continues.

    Wages in the period were 2.1% higher than a year earlier, little changed from previous months' growth rates.
    With inflation hitting 2.9% in August, its joint highest in more than five years, wages are failing to keep up. In real terms, wages dropped by 0.4%.
    source: Unemployment rate falls to 4.3% as wages stagnate - BBC News
    We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.

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    Quote Originally Posted by scooterscot View Post
    Amazing isn't it? Soon there'll be no unemployed working able people left in the UK.

    What's really going on here? Tory's doing a first class job managing the economy? Cause the economy or productivity levels don't appear to be improving, in fact the reverse.

    Or an ever increasing ageing population with fewer employable people messing up the stats?
    I see Lord Haw Haw is up.

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    I think that "wages stagnating" is the BBC desperately putting -ve spin on +ve news.

    rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
    pound rises again, not a peep

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    Quote Originally Posted by Platypus View Post
    I think that "wages stagnating" is the BBC desperately putting -ve spin on +ve news.

    rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
    pound rises again, not a peep
    We're still importing a shed load of people which will cap wage growth.

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    Many are employed part time on part time wages, so yes both unemployment and wage figures will be reduced, while working tax credits and whatever other supplements they qualify for/need are higher than if they were in full time work at full time wages.
    Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.

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    Quote Originally Posted by The_Equalizer View Post
    I see Lord Haw Haw is up.
    or as scooter would probably spell it, Lawd Huagh Hore
    Work in the public sector? Read the IR35 FAQ here

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    Quote Originally Posted by Platypus View Post
    rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
    pound rises again, not a peep
    Yup, standard BBC drill, also rather like

    Several army guys arrested on suspicions of neo-Nazi links - big hoo hah
    All of them almost immediately released without charge - not a peep
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    Default Unemployment rate falls to 4.3% as wages stagnate

    Quote Originally Posted by Platypus View Post
    I think that "wages stagnating" is the BBC desperately putting -ve spin on +ve news.

    rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
    pound rises again, not a peep
    Quote Originally Posted by OwlHoot View Post
    Yup, standard BBC drill, also rather like

    Several army guys arrested on suspicions of neo-Nazi links - big hoo hah
    All of them almost immediately released without charge - not a peep


    Maybe because it doesn't fit your narrative when the BBC reports something that you consider positive?

    http://www.bbc.co.uk/news/business-41237552

    http://www.bbc.co.uk/news/uk-41218006
    http://www.bbc.co.uk/news/uk-41241153
    Bad BBC for daring to report this when they are only supposed to report news that makes them seem biased

    Quote Originally Posted by original PM View Post
    Strong and Stable Moderation

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    After Brexit it will be back to 1970's style high wage growth.

    Author of the best seller "How to get Poor quickly"

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    Quote Originally Posted by BlasterBates View Post
    After Brexit it will be back to 1970's style high wage growth.

    Backup has arrived in the form of random assumptions.

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