Discussion:
UK employment tops 32m, reaches highest rate since 1971 when comparable records began
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James Harris
2017-07-14 06:34:04 UTC
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The UK economic boom continues. Latest official figures to May 2017:


There were 32.01 million people in work, 324,000 more than for a year
earlier.

The employment rate (the proportion of people aged from 16 to 64 who
were in work) was 74.9%, the highest since comparable records began in 1971.

There were 1.49 million unemployed people (people not in work but
seeking and available to work), 152,000 fewer than for a year earlier.

The unemployment rate (the proportion of those in work plus those
unemployed, that were unemployed) was 4.5%, down from 4.9% for a year
earlier and the lowest since 1975.

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017


So much for Project Fear's 500,000 job losses if we dared vote Brexit.
--
James Harris
Mark, Devon
2017-07-14 06:43:37 UTC
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We are in the EU, and we will continue to have good economic benefits from being in the EU for a while yet. When, and if, we do eventually leave, that is when the problems will start to demonstrate themselves.

How do you see the future in terms of employment and the economy after we leave? What improvements do you anticipate on the current figures? And there have to be significant improvements on current figures, by the way, to make it worth the effort.
James Harris
2017-07-14 07:44:45 UTC
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Post by Mark, Devon
We are in the EU, and we will continue to have good economic benefits from being in the EU for a while yet. When, and if, we do eventually leave, that is when the problems will start to demonstrate themselves.
Forgive my scepticism but you should be aware that those of us on the
Brexit side have been repeatedly told that a downturn was imminent.

It was supposed to happen as soon as we voted for Brexit. (Official
projections by the government, the Bank of England and others.) Wrong!

When the BoE reduced base rate to 0.25% the governor said he still
expected, IIRC, 400,000 job losses even with the quarter point cut. Wrong!

Many people, including me, expected a downturn in Q3 last year. Wrong!

So maybe it would come in Q4. Wrong!

Then things calmed down a bit. The establishment stopped panicking and
life went back to normal. Some said the downturn would happen once we
triggered Article 50. We can now see that that, too, was wrong.
Post by Mark, Devon
How do you see the future in terms of employment and the economy after we leave?
I don't know. There are too many unknowns. I expect the EU to try to get
us to accept a bad deal. And we may reject it. But I could be wrong and
we and they might come to a good conclusion. We just cannot know yet.

Perhaps a good case study is the German car industry. Their cars are
already ostensibly around 10% or so more expensive to us - one of their
best markets - because of the fall of the pound. But that hasn't put
their car makers out of work. So if we left the EU without a deal and
had 10% slapped on our car exports to them the effect may not be as bad
as some claim.
Post by Mark, Devon
What improvements do you anticipate on the current figures? And there have to be significant improvements on current figures, by the way, to make it worth the effort.
My expectation is that once we are out our rate of growth will soon
overtake that of the EU. That's why I want to leave. But they might
choose to cause us problems in the short term.

Say we leave and, as a result, our EU exports drop by 5%. We won't make
that up immediately from the wider world. But over time I would expect
to see us add much more than 5% to our global sales. That's not a
complete guess. Even pre-referendum forecasts showed us growing well
outside the EU, even on WTO terms.

What do you expect to happen?
--
James Harris
James Hammerton
2017-07-17 00:28:39 UTC
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Post by Mark, Devon
We are in the EU, and we will continue to have good economic benefits from being in the EU for a while yet.
That suggests you believe employers don't look very far ahead when
making decisions on hiring.

We have decided to leave and Article 50 has been triggered making it a
rather difficult thing to stop...

Surely if leaving will be so bad then we should be seeing the negative
effects now as people anticipate problems when Brexit does in fact
occur, e.g. hiring decisions put off or canceled unless necessary to
keep things ticking over. After all if you think Brexit will be bad for
your company you will want to keep costs down now so as to better
weather the coming storm, and labour is one of the biggest costs in any
company.

Yet unemployment has fallen and employment has continued to rise since
the Brexit vote.

So either people (a) have looked at the situation and decided the risks
aren't that great and have continued hiring (b) are being overly
optimistic in their hiring despite anticipating problems with Brexit or
(c) don't believe Brexit will occur, despite Article 50 being triggered.

(c) seems to me rather foolish, as does (b)...
Post by Mark, Devon
When, and if, we do eventually leave, that is when the problems will start to demonstrate themselves.
Only if you think the existence, size and nature of the problems can
only be realised once Brexit has occurred and cannot be anticipated, yet
we were repeatedly told during the referendum campaign that the
uncertainty of whether we'd get a decent deal would itself cause
problems before Brexit actually occurred...
Post by Mark, Devon
How do you see the future in terms of employment and the economy after we leave? What improvements do you anticipate on the current figures? And there have to be significant improvements on current figures, by the way, to make it worth the effort.
It's hard to tell without knowing (a) what deal we end up with (b) what
policies the government will pursue alongside Brexit.

The potential economic benefits of Brexit (liable to be realised fully
only once the disruption caused has settled down) will come from our
ability to set tariffs to those that suit our economy, arrange trade
deals tailored for us, and to pursue policies that we may be constrained
from pursuing due to our membership of the EU. ISTM it will be the
policies we pursue post Brexit that will have the biggest bearing on
this question.

The potential economic downside to Brexit is that our trade with the EU
will probably not been on as favourable terms as they are now, the
extent to which this happens will determine how long it is before we
begin to see net benefits from leaving.

Regards,

James
--
James Hammerton
http://jhammerton.wordpress.com
http://www.magnacartaplus.com/
jew pedophile Ron Jacobson (jew pedophile Baruch 'Barry' Shein's jew aliash)
2017-07-14 13:52:19 UTC
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On Fri, 14 Jul 2017 07:34:04 +0100, James Harris
Post by James Harris
There were 32.01 million people in work, 324,000 more than for a year
earlier.
The employment rate (the proportion of people aged from 16 to 64 who
were in work) was 74.9%, the highest since comparable records began in 1971.
There were 1.49 million unemployed people (people not in work but
seeking and available to work), 152,000 fewer than for a year earlier.
The unemployment rate (the proportion of those in work plus those
unemployed, that were unemployed) was 4.5%, down from 4.9% for a year
earlier and the lowest since 1975.
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017
So much for Project Fear's 500,000 job losses if we dared vote Brexit.
And yet productivity is dropping....more and more people doing less
and less.
- -
"We CAN hide forever."
- Klaun Shittinb'ricks (1940 - ), acknowledging that he will
NEVER prove where he infests or give his real jew name

"Die Juden sind unser Unglück!"
- Heinrich von Treitschke (1834 - 1896)

"First they came for the Socialists, and I did not speak out
because I was not a Socialist. Then they came for the Trade
Unionists, and I did not speak out because I was not a Trade
Unionist. Then they came for the jews, and I did not speak out
because I did not give a shit. Then they came for me and there
wasn't a single commie bastard left to speak for me."
- Martin Niemöller (1892 - 1984)
Sick old pedo Andrew "Andrzej" Baron (aka "Ron Jacobson"/etc)
2017-07-14 14:15:35 UTC
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In article <***@4ax.com>,
A shiteating cowardly nazoid sub-louse PEDO named Andrew "Andrzej"
Post by jew pedophile Ron Jacobson (jew pedophile Baruch 'Barry' Shein's jew aliash)
And yet productivity is dropping....more and more people doing less
and less.
Look who's talking... a filthy thief.

Go peddle some more defective, pirated software, Andrzej...

<quote>

Original Microsoft CD in jewel case with CD key sticker on the back.
Full version.
GBP 30=00 incl recorded delivery postage.
(sorry, spamtrap in original message)
e-mail to: ***@ukgateway.net

</quote>
The Peeler
2017-07-14 14:42:07 UTC
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On Fri, 14 Jul 2017 06:52:19 -0700, serbian bitch Razovic, the resident
psychopath of sci and scj and Usenet's famous sexual cripple, making an ass
of herself as "jew pedophile Ron Jacobson (jew pedophile Baruch 'Barry'
Post by jew pedophile Ron Jacobson (jew pedophile Baruch 'Barry' Shein's jew aliash)
Post by James Harris
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017
So much for Project Fear's 500,000 job losses if we dared vote Brexit.
And yet productivity is dropping....more and more people doing less
and less.
That's mainly because of WOG parasites like you abusing the UK welfare
system, you unemployable serbian cunt and ridiculous "Brit" wannabe!
--
NEMO about our serbian resident psychopath and "WASP" wannabe, aka "The
Rectum":
"The only thing British about him is him living on the British dole"
MID: <d1ef3ac4-3296-4d0f-9100-***@googlegroups.com>
m***@btopenworld.com
2017-07-14 15:20:26 UTC
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Post by jew pedophile Ron Jacobson (jew pedophile Baruch 'Barry' Shein's jew aliash)
Post by James Harris
So much for Project Fear's 500,000 job losses if we dared vote Brexit.
And yet productivity is dropping....more and more people doing less
and less.
That could be because we are getting into the crud.

The most productive/highly skilled workers are not the ones who enter the jobs market last!

Similarly they are the ones likely to remain in employment longer and so when the job figures turn downwards (which one day they inevitably will!) the effect on productivity is not so great at first.
Judith
2017-07-14 15:06:43 UTC
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Post by James Harris
There were 32.01 million people in work, 324,000 more than for a year
earlier.
The employment rate (the proportion of people aged from 16 to 64 who
were in work) was 74.9%, the highest since comparable records began in 1971.
There were 1.49 million unemployed people (people not in work but
seeking and available to work), 152,000 fewer than for a year earlier.
The unemployment rate (the proportion of those in work plus those
unemployed, that were unemployed) was 4.5%, down from 4.9% for a year
earlier and the lowest since 1975.
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017
So much for Project Fear's 500,000 job losses if we dared vote Brexit.
How many hours a week do you have to be in work in order to contribute to the
number of people in employment figure?
James Harris
2017-07-14 15:11:18 UTC
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Post by Judith
Post by James Harris
There were 32.01 million people in work, 324,000 more than for a year
earlier.
The employment rate (the proportion of people aged from 16 to 64 who
were in work) was 74.9%, the highest since comparable records began in 1971.
There were 1.49 million unemployed people (people not in work but
seeking and available to work), 152,000 fewer than for a year earlier.
The unemployment rate (the proportion of those in work plus those
unemployed, that were unemployed) was 4.5%, down from 4.9% for a year
earlier and the lowest since 1975.
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017
So much for Project Fear's 500,000 job losses if we dared vote Brexit.
How many hours a week do you have to be in work in order to contribute to the
number of people in employment figure?
Good question.
--
James Harris
Norman Wells
2017-07-14 15:59:47 UTC
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Post by James Harris
Post by Judith
How many hours a week do you have to be in work in order to contribute to the
number of people in employment figure?
Good question.
"To count as unemployed, people have to say they are not working, are
available for work and have either looked for work in the past four
weeks or are waiting to start a new job they have already obtained."

http://www.bbc.co.uk/news/business-22870886
Judith
2017-07-14 18:15:23 UTC
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Post by Norman Wells
Post by James Harris
Post by Judith
How many hours a week do you have to be in work in order to contribute to the
number of people in employment figure?
Good question.
"To count as unemployed, people have to say they are not working, are
available for work and have either looked for work in the past four
weeks or are waiting to start a new job they have already obtained."
http://www.bbc.co.uk/news/business-22870886
Between December 2016 to February 2017 and March to May 2017, the number of
people in employment increased by 175,000 (as explained at Section 4 of this
statistical bulletin), but total hours worked per week fell by 1.8 million to
1.03 billion.
ONS
Norman Wells
2017-07-14 18:42:11 UTC
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Post by Judith
Post by Norman Wells
Post by James Harris
Post by Judith
How many hours a week do you have to be in work in order to contribute to the
number of people in employment figure?
Good question.
"To count as unemployed, people have to say they are not working, are
available for work and have either looked for work in the past four
weeks or are waiting to start a new job they have already obtained."
http://www.bbc.co.uk/news/business-22870886
Between December 2016 to February 2017 and March to May 2017, the number of
people in employment increased by 175,000 (as explained at Section 4 of this
statistical bulletin), but total hours worked per week fell by 1.8 million to
1.03 billion.
ONS
So what?
Judith
2017-07-15 08:50:34 UTC
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On Fri, 14 Jul 2017 19:42:11 +0100, Norman Wells <***@unseen.ac.am> wrote:

<snip>
Post by Norman Wells
Post by Judith
Between December 2016 to February 2017 and March to May 2017, the number of
people in employment increased by 175,000 (as explained at Section 4 of this
statistical bulletin), but total hours worked per week fell by 1.8 million to
1.03 billion.
ONS
So what?
I assumed that there were intelligent people here who may be interested in that
fact.

Of course I cannot accomodate all tastes and intelligence levels.
Norman Wells
2017-07-15 09:05:11 UTC
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Post by Judith
Post by Norman Wells
Post by Judith
Between December 2016 to February 2017 and March to May 2017, the number of
people in employment increased by 175,000 (as explained at Section 4 of this
statistical bulletin), but total hours worked per week fell by 1.8 million to
1.03 billion.
ONS
So what?
I assumed that there were intelligent people here who may be interested in that
fact.
Of course I cannot accomodate all tastes and intelligence levels.
You can't seem to make any point on the basis of them either.
Ted
2017-07-14 20:37:09 UTC
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Oh look, flying elephants!
James Harris
2017-07-14 20:57:31 UTC
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Post by Ted
Oh look, flying elephants!
Plenty more avian pachyderms here:
http://pensites.com/politics/article-1155/Brexit-news#bottom. Read it
and weep.
--
James Harris
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