Jump to content

Jobless figure highest for 10 years


Mary
 Share

Recommended Posts

The Government suffered more bad economic news when unemployment reached its worst level for almost a decade.

 

Experts warned there was worse to come, with a grim prediction that the jobless total could hit two million next year.

 

There were 1.72 million people out of work in the three months to July, up by 81,000 from the previous quarter and the highest total since the spring of 1999.

 

The number of people claiming jobseeker's allowance rose for the seventh month in a row in August, by 32,500 to 904,900 - the biggest monthly hike since December 1992.

 

The Office for National Statistics said the trend on both the claimant count and the wider number of jobless was increasing.

 

Employment Minister Stephen Timms maintained that the UK labour market remained "resilient", adding: "Like other countries, the UK is dealing with global economic challenges and unemployment rose last month.

 

"There are 333,000 more people in work than a year ago, and over 600,000 vacancies, with 10,000 new vacancies being notified to Jobcentre Plus each day."

 

But union leaders called for urgent action, including a cut in interest rates, with the TUC saying it was "very likely" that total unemployment will reach two million during 2009.

 

TUC general secretary Brendan Barber said: "It is more important than ever that we have a co-ordinated economic response to the downturn that puts more money into the pockets of middle and low-income families.

 

"At the same time the Bank of England must play its part. It is clear that deflation is a much more pressing threat than inflation, and interest rates should be cut."

Link to comment
Share on other sites

All the ingredients are starting to come together for major social strife - unemployment, mistrust of the financial sector, lack of any coherent immigration policy - inflation would merely add to this explosive mix. :shock: In the days of the failing Weimar Republic in Germany, high unemployment and inflation, were the recipe for what followed. :cry:

Link to comment
Share on other sites

the jobless figure may have gone up but the number claiming incapacity benefit has gone down as the government has made them sign on to get jobs thus making the jobless figures go up as predicted some months back.

 

on a similar note with Halifax soon being bought out by lloyds will Howard still have a job or will he have to turn his hand to full time advertising?

Link to comment
Share on other sites

All the ingredients are starting to come together for major social strife .......... Weimar Republic in Germany

 

well, all except the hyper inflation, mass long term unemployment, genuine poverty, total financial devastation following WW1, millions dead following the same, loss of territory, etc etc, but apart from these ....... mmmmm! As I have said before, these sort of conditions are welcomed by the Socialists as they are required in order to give them a reason for their existance

Link to comment
Share on other sites

All the ingredients are starting to come together for major social strife - unemployment, mistrust of the financial sector, lack of any coherent immigration policy - inflation would merely add to this explosive mix. :shock: In the days of the failing Weimar Republic in Germany, high unemployment and inflation, were the recipe for what followed. :cry:

 

Bring back Maggie. :lol::lol::lol:

Link to comment
Share on other sites

How you can blame Maggie for the last 16 years of governmental failure has to be one of the mysteries of the age. Try blaming the government ministers who have been mismanaging the economy since she was defenestrated for a change, no matter how convenient it may be to have a single scapegoat. :roll::roll::roll:

Link to comment
Share on other sites

Cos she laid out the blue print which all Governments have followed since: privatisation, deregulation of financial markets, selling off social housing etc and it's all come back to bite us. :roll: It's a supreme irony that Bliar scrapped Labour's Clause IV which called for public control of the "commanding heights of the economy" (banks etc) - and now both our Gov and the US Gov are implimenting it! :shock::wink:

Link to comment
Share on other sites

Cos Bonz; it was yet another "privatisation" stunt, designed to promote the the cult of the individual over the interest of the community, and like most privatisations they were sold off cheap, thus robbing the public owners - the taxpayer. :roll: The cult of "personal" home ownership fed the demand for easy access to unaffordable mortgage commitments, in the "I want, therefore I must have" generation, which the banks etc irresponsibly encouraged - thus leading to the current crisis. :shock: Thus, millions of homes that could have catered for those realistically unable to buy, could have housed the less well off. thus reducing housing demand in the private sector, thus preventing the surreal period of over-inflated house prices - get it now?! :roll::wink:

Link to comment
Share on other sites

Lets just face it... the country is now in a blummin' mess and everyone is starting to suffer in one way or another.

 

Businesses going bust left right and centre, although most of them you will never hear about. People losing their jobs, their homes. Ever increasing energy prices. Over inflated petrol prices. A completely stagnent housing market. Increases in the cost of food, council tax etc etc etc.

 

It all seems to be one huge downward spiral at the moment with no immediate escape route for anyone :cry:

 

But I am still determined to keep my posts more optimistic... the sun has been shining for two consecutive days now :D

Link to comment
Share on other sites

...but for the past 11 years we have had Brown bleating on about how well he was managing the economy.... "Prudence" and all that; when in effect he was just lying. Plain and simple lies. The country is in a financial mess and we are the only country in Western Europe without any room for manouvere to get out of it.

 

He has borrowed and borowed and spent and spent and created mass public secor employment which we cannot now afford but we will still have the pension legacy to fund for the next 80 years or more and all the time, Gordon will be reaping his financial reward for being the worst primeminister since records began.

 

Labour as a government is dead....... it has ceased to be a credible force and will be totally wiped out at the next election. They are clinging on to every last branch to save their own jobs whilst wrecking the country for everyone else; even Helen Jones has spent her time cutting ribbons in primary schools in front ofwilling photographers just to get her face in the paper so we remember who she actually is!

 

Brown should do the honourable thing next week in Manchester..... resign and call an election and put us out of our misery otherwise..... God help us!

Link to comment
Share on other sites

I'm inclined to agree with the first part of your post Baz: Brown rode, as Chancellor, on the crest of this wave of imprudence and financial irresponsibility by the market; indeed, New Labour sought to cosy up to this sector, no doubt to win a few rich donors; so they didn't exercise prudence at all, they went along with the insanity, because everyone felt good - alas, it's now the morning after the night before, and we're suffering the hangover. :shock: But we undoubtedely now have a global economic downturn, beyond the capacity of individual National Governments to quickly resolve, and of such a magnitude that the free-market Conservative Right (in the USA), are even resorting to the Nationalisation of private debt to salvage the situation. :roll: So, which Party, which politician, has the gravitas to lead us out of this mess? :shock: Frankly, I can't think of many - there's certainly no one to challenge Brown within the ranks of New Labour (as evidenced by a BBC Newsnight focus group); Cameron and Clegg are as shallow as a puddle, with no signs of a Churchillian vision capable of captivating the National mood - so where does that leave us - out of the frying pan and into the fire?! :roll: If I were pressed; perhaps a Coalition of the able and wise, lead by Vince Cable - may be the best answer. :wink:

Link to comment
Share on other sites

The one good thing about the current political climate is that the whole opinion poll thing is making a total mockery of the nonsense that the LibDems have been spouting for the past decade; like "we are the real opposition"..... "go back to your constituencies and prepare for government" etc. etc.

 

Like it or not; Cameron is going to romp home at the next election.

 

Brown is clinging to power; obviously in the vain hope that the Tories are going to do something that will wipe out their lead in the polls and the LibDems will always only appeal to those who think prisoners are hard done to and that cars are evil - bikes are good!!

Link to comment
Share on other sites

It seems your infering my support for LibDems merely because I consider one of their number to have a modicum of wisdom; far from it. :roll: As I've suggested on many occasions none of them are coming up with the measures necessary to slay all the dragons we're facing, because some of the cures necessary are alien to their Party dogmas; and please note, none of them are prepared to get us out of the EU, which is really calling the shots nowadays. :shock::wink:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...