Western Europe and the US are in a lot better position...
Eastern Europe and ourselves are rogered for a long time yet - the 10-20% govt cuts are going to hit the IT sector hard..
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Previously on "Daily Doom"
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Originally posted by DimPrawn View Posthttp://news.bbc.co.uk/1/hi/business/8258405.stm
The number of people out of work in the UK has risen to its highest level in 14 years, official figures have shown.
Unemployment increased by 210,000 to 2.47m in the three months to July, taking the jobless rate to 7.9%, the Office for National Statistics said.
Claims for unemployment benefit in August grew by 24,400 from July to 1.61m, the highest since May 1997.
There have been signs the UK economy is beginning to pick up, but jobless data tends to lag behind other measures.
The number of 16 to 24-year-olds out of work rose from 928,000 to 947,000 - edging closer to the landmark of one million and adding to fears of a new "lost generation" of young people.
The jobless rate among this age group is at 19.7% - the highest since records began - meaning one in five is looking for work.
Where's Norman Tebbitt when you need him?
Good; even more people who are poorer than me
BOOMED!
<heartless b@st@rd mode/>
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Originally posted by DimPrawn View Posthttp://news.bbc.co.uk/1/hi/business/8258405.stm
The number of people out of work in the UK has risen to its highest level in 14 years, official figures have shown.
Unemployment increased by 210,000 to 2.47m in the three months to July, taking the jobless rate to 7.9%, the Office for National Statistics said.
Claims for unemployment benefit in August grew by 24,400 from July to 1.61m, the highest since May 1997.
There have been signs the UK economy is beginning to pick up, but jobless data tends to lag behind other measures.
The number of 16 to 24-year-olds out of work rose from 928,000 to 947,000 - edging closer to the landmark of one million and adding to fears of a new "lost generation" of young people.
The jobless rate among this age group is at 19.7% - the highest since records began - meaning one in five is looking for work.
Where's Norman Tebbitt when you need him?The number of economically inactive people also rose to its highest point since ONS records began in 1971, at 7.99 million. The employment rate was 72.5%, the lowest level for more than 12 years. http://www.google.com/hostednews/ukp...ASL35MYhgwb1xAFor the public sector, average annual pay growth including bonuses was 3.4% in July - almost three times the 1.2% seen in the private sector and double the 1.7% growth overall.
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Originally posted by The Lone Gunman View PostWere it not for his rampant spending of our money the UK would have a full war chest to ride out the current economic turbulance.
His massive expansion of the public sector and benefit dependance will only make our recoverry slower.
I am not saying that anyone else could or would have done it better, but NL have been in charge for long enough to take responsibility.
Had they not slipped the last remaining ties on the banks then we may not have floated so far up tulip creek either.
Need I go on?
I accept Gordo's lot are probably making it worse, but we can't blame the world recession on him - much as many of us would like to,
Actually the public sector employing people may actually be helping a few thousand stay in work at the moment. It won't help in the long run as major cuts will have to be made...
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Originally posted by MrMark View PostTo be fair the rest of the developed world are suffering, so we can't blame it all on Grodon. We can only blame all the other stuff he's done.
His massive expansion of the public sector and benefit dependance will only make our recoverry slower.
I am not saying that anyone else could or would have done it better, but NL have been in charge for long enough to take responsibility.
Had they not slipped the last remaining ties on the banks then we may not have floated so far up tulip creek either.
Need I go on?
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"More workers, particularly young workers, are paying a devastating price for the bankers' recession and there is some way to go before unemployment stops rising," said Paul Kenny, general secretary of the GMB union.
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Originally posted by DimPrawn View Post"I'm probably getting into the hundreds of applications for permanent jobs... but less than 10% of them reply. I'm left hanging in the air."
Nina Henson is 24 and has been unemployed since January when a temporary job at Argos ended. Before that she had worked as a manager at a gaming company which went into liquidation.
Nina Henman says she is in one of the worst towns to find a job
She lives in Swindon in Wiltshire, which has seen unemployment rise by 227% in the last 12 months.
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As long as our population keeps growing at 1/2 million people a year, we will be fine.
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"I'm probably getting into the hundreds of applications for permanent jobs... but less than 10% of them reply. I'm left hanging in the air."
Nina Henson is 24 and has been unemployed since January when a temporary job at Argos ended. Before that she had worked as a manager at a gaming company which went into liquidation.
Nina Henman says she is in one of the worst towns to find a job
She lives in Swindon in Wiltshire, which has seen unemployment rise by 227% in the last 12 months.
Leave a comment:
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Daily Doom
http://news.bbc.co.uk/1/hi/business/8258405.stm
The number of people out of work in the UK has risen to its highest level in 14 years, official figures have shown.
Unemployment increased by 210,000 to 2.47m in the three months to July, taking the jobless rate to 7.9%, the Office for National Statistics said.
Claims for unemployment benefit in August grew by 24,400 from July to 1.61m, the highest since May 1997.
There have been signs the UK economy is beginning to pick up, but jobless data tends to lag behind other measures.
The number of 16 to 24-year-olds out of work rose from 928,000 to 947,000 - edging closer to the landmark of one million and adding to fears of a new "lost generation" of young people.
The jobless rate among this age group is at 19.7% - the highest since records began - meaning one in five is looking for work.
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