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Unemployment at a 7 year high


Tony

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Is anyone surprised at these figures?.......creative accounting coming home to roost!

 

Unemployment statistics have been massaged more under this Government than at any time in the past. :rolleyes:

 

I would go further and suggest even these figures wouldn't stand scrutiny if the more traditional forms of measurement were used.

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They say that it takes around 3 years for a new Government to make itself felt on the economy of a nation.

 

So, let's do the sums... Labour in power for 10 years, unemployment at the highest level in 7 years and rising.

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Where do they get figures for unemployment from, if the people are not registered unemployed?

Surely the only true figure is the one relating to benefits.

 

For the other figure how do they calculate it? It seems meaningless, or am a missing some salient but arcane point? :(

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They say that it takes around 3 years for a new Government to make itself felt on the economy of a nation.

 

So, let's do the sums... Labour in power for 10 years, unemployment at the highest level in 7 years and rising.

You don' t remember the 70's then ?

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so Mrs T's party left it all set up for the Reds to takeover.

Then they go and muck it all up.

Highest unemployment for 7 years, inflation due to rise to over 3%, interest rates rising again and set to rise again for the forseeable future, fuel prices going up.

 

The only benefit is Mrs T crushed the unions otherwise they'd all be back on strike again.

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