| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Meantime back on Earth... | |
| Posted by: | Sam Hearn | |
| Date/Time: | 14/08/14 13:17:00 |
| The latest in a series of monthly reports shows that the Government's economic policy is delivering, and all that you can do it imply that the figures are in some way "unreliable". Let me try and help you out here ... Yesterday’s Press Release from the Department of Work and Pensions states that; “As part of the government’s long-term economic plan, the unemployment rate has also fallen again, down to 6.4%, the lowest since late 2008. Youth unemployment has fallen by 206,000 over the past year, which is the largest drop since records began in 1984, bringing it to the lowest level for nearly 6 years. The youth unemployment rate is down 4.5 percentage points compared to a year ago. Unemployment fell by 437,000 over the past year – and 132,000 in only the past 3 months – which is the biggest annual fall in 25 years. Employment now stands at 30.6 million – over 2 million more people are in private sector employment since the start of 2010. The employment rate is now 73%, up 1.5 percentage points on the year and is higher than the United States and the EU average, and is in the top 5 countries in the EU. The number of people claiming Jobseeker’s Allowance fell again, a reduction of 420,600 over the past year – the fastest annual fall since 1973. Long-term JSA claimants fell by 119,200 compared to last year, the largest annual fall since 1998. There are 487,300 fewer people claiming JSA than in 2010. The number of young people on Jobseeker’s Allowance has been falling now for 32 months, down 132,600 on the year. Job vacancies rose again, up 119,000 over the past year bringing the number of vacancies in the UK economy to 656,000." The source for all of this information is the Office for National Statistics http://www.ons.gov.uk/ons/rel/lms/labour-market-statistics/august-2014/index.html What in the above has been "fiddled" where are the "porkies"? |