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Unemployment on the rise again.

Unemployment on the rise again.

Old Aug 11th 2011, 11:00 am
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Default Unemployment on the rise again.

http://www.bbc.co.uk/news/business-14486128

Unfortunately with the mining sector being the only part of the economy booming and it only accounting for around 10% overall the majority of employers are finding times very tough and this is shown in the recent rise in unemployment.
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Old Aug 11th 2011, 7:02 pm
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Default Re: Unemployment on the rise again.

The figures are so scewed in Oz, if you pop out for one hour a week in Oz, and run a mop over the floor of our local disco, then you are classed as employed..................

Finding a decent paying long term permy job in Oz. Well rock'in horse sh!t if you do not have a profession of some sort wich is recognised in Oz.
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Old Aug 11th 2011, 11:08 pm
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Default Re: Unemployment on the rise again.

Originally Posted by brendarover View Post
The figures are so scewed in Oz, if you pop out for one hour a week in Oz, and run a mop over the floor of our local disco, then you are classed as employed..................

Finding a decent paying long term permy job in Oz. Well rock'in horse sh!t if you do not have a profession of some sort wich is recognised in Oz.
They could use someone with good mop skills in London at the mo.
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Old Aug 12th 2011, 12:59 am
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Default Re: Unemployment on the rise again.

We don't exactly have a recruitment freeze at the moment, but we are certainly under pressure not to replace any leavers, and approval has to be obtained at two levels above (usually your boss is sufficient).

So there is no question in my mind that unemployment will continue to rise.

(I work for a relatively successful FMCG company but profits are down and financial pressures are much higher than even two years ago).
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Old Aug 12th 2011, 1:05 am
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Default Re: Unemployment on the rise again.

Originally Posted by chris955 View Post
http://www.bbc.co.uk/news/business-14486128

Unfortunately with the mining sector being the only part of the economy booming and it only accounting for around 10% overall the majority of employers are finding times very tough and this is shown in the recent rise in unemployment.
I saw BBC and thought you were actually going to post something negative about the UK.
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Old Aug 12th 2011, 1:18 am
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Default Re: Unemployment on the rise again.

Originally Posted by Rambi View Post
They could use someone with good mop skills in London at the mo.
needed them in Brisbane not long ago
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Old Aug 12th 2011, 1:25 am
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Default Re: Unemployment on the rise again.

Originally Posted by Grayling View Post
needed them in Brisbane not long ago
True. Maybe that was artificially keeping the unemployment figures down.
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Old Aug 12th 2011, 2:40 am
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Default Re: Unemployment on the rise again.

No need, there are plenty of others more than happy to do that.

Originally Posted by DeadVim View Post
I saw BBC and thought you were actually going to post something negative about the UK.
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Old Aug 12th 2011, 5:09 am
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Default Re: Unemployment on the rise again.

suprisingly the uk unemployment rate is 7.7% with aus being 5.1% I would have expected the uk to be much higher but I guess not
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Old Aug 12th 2011, 6:29 am
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Default Re: Unemployment on the rise again.

You would not be alone in that misconception.

Originally Posted by dave99 View Post
suprisingly the uk unemployment rate is 7.7% with aus being 5.1% I would have expected the uk to be much higher but I guess not
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Old Aug 12th 2011, 6:57 am
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Default Re: Unemployment on the rise again.

Originally Posted by dave99 View Post
suprisingly the uk unemployment rate is 7.7% with aus being 5.1% I would have expected the uk to be much higher but I guess not
Unemployment percentages are a funny one. 3-3.5% is considered to be full employment as there are a certain % of people who are unemployable. 10% is considered to be horrific - yet 90% of people still have a job of sorts. So 5% is considered to be low, and 8% is therefore pretty high. 2-3% of the workforce of a 60m nation like the UK is still a hell of a lot of people. Consider this - in the great depression, some countries (like Australia) had 25% unemployment, yet 75% were still working and the world nearly fell apart.

It's sometimes hard to get your head around.

Last edited by Amazulu; Aug 12th 2011 at 7:01 am.
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Old Aug 12th 2011, 7:23 am
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Default Re: Unemployment on the rise again.

I find myself strangely agreeing with much of what you said but choosing not to quote you
There seems to be so little between the 7.7 in the UK and the 5.1 here that's it's hardly worth worrying about but some would have us believe that one country is paradise for work and the other is almost impossible to find work when neither is correct. In both countries over 90% are working/.
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Old Aug 12th 2011, 7:27 am
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Default Re: Unemployment on the rise again.

Originally Posted by chris955 View Post
In both countries over 90% are working/.
I don't believe this to be the case. In both countries the figures are horrifically manipulated to suit the government agendas, They don't count people with disabilities who want to work or people not on benefits for whatever reason or people who only work 1 hour a week when they want a full time job.

The unemployment figures are government statistics and as such should be assumed to be lies, just like the inflation figures.

Last edited by renth; Aug 12th 2011 at 7:30 am.
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Old Aug 12th 2011, 7:28 am
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Default Re: Unemployment on the rise again.

Originally Posted by chris955 View Post
I find myself strangely agreeing with much of what you said but choosing not to quote you
There seems to be so little between the 7.7 in the UK and the 5.1 here that's it's hardly worth worrying about but some would have us believe that one country is paradise for work and the other is almost impossible to find work when neither is correct. In both countries over 90% are working/.

No quote, no discussion. Sorry.
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Old Aug 12th 2011, 7:41 am
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Default Re: Unemployment on the rise again.

Originally Posted by renth View Post
I don't believe this to be the case. In both countries the figures are horrifically manipulated to suit the government agendas, They don't count people with disabilities who want to work or people not on benefits for whatever reason or people who only work 1 hour a week when they want a full time job.

The unemployment figures are government statistics and as such should be assumed to be lies, just like the inflation figures.
I hear what you are saying but do you really know anyone who is genuinely unemployed? I don't know anyone, apart from my wife and she's not looking and has not worked since 2003.
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