UK unemployment rate falls

Labour Market Statistics, August 2014: ONS

  • The unemployment rate continued to fall, reaching 6.4% for April to June 2014, the lowest since late 2008. There were 2.08 million unemployed people, 132,000 fewer than for January to March 2014 and 437,000 fewer than a year earlier.
  • For April to June 2014, there were 8.86 million economically inactive people (those out of work but not seeking or available to work) aged from 16 to 64. This was 15,000 more than for January to March 2014 but 130,000 fewer than a year earlier. The economic inactivity rate was 21.9%, unchanged compared with January to March 2014
  • For April to June 2014, there were 30.60 million people in work, 167,000 more than for January to March 2014 and 820,000 more than a year earlier.
  • The proportion of people aged from 16 to 64 in work (the employment rate), was 73.0%. This was higher than for January to March 2014 and for a year earlier.

The TUC claims that the UK economy is very good at creating low-paid jobs but is struggling to create the better-paid work we need for a fair and sustainable recovery.

The Institute for Public Policy Research (IPPR) claims that “Even a full-blown economic recovery will not solve the UK’s “structural youth unemployment” problem“.

 

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One response to “UK unemployment rate falls

  1. So lets get this right.
    The unemployment rate is only down because the government are chucking people off the unemployment count because they are:-

    In training, doing voluntary work, or have been sanctioned for any old reason they can think of.

    People have been forced into self employment or doing anything for whatever they can get and thus are no longer counted. As a result cash in hand jobs abound and rogue trader numbers are increasing exponentially as people try to earn a crust doing whatever is needed with little regard to what the rules and regulations state.

    People are forced to sign zero hour binding contracts and are therefore considered employed despite not earning a sausage.

    And government ministers and idiot researchers seriously think that the REAL unemployment rate is going down because the TUC are pleased about it too?

    The TUC is loving it because they have a source of cheap desperate labor and are trying to kid the public that they actually give a damn.

    As for the rest of the intelligentsia?
    Jeez, you can fool some of the people some of the time but intellectuals and the brain dead general public the whole of the time provided you can produce a statistical report written by idiots or government departments and delivered by a-holes like Duncan Smith and the rest of the idiot government that caused this crisis in the first place.

    Wake up and smell the roses people.
    The UK working population and our youth are sinking further into the mire under the weight of cheap immigrant labor and lies from the suits in power.

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