Didn’t realise we were in competition with Italian neets, but okay.
Proper_War_3717 on
People will blame this on Labour over the 14 years of tories breaking migration record after migration record. Boriswave NEVER gets brought up when immigration is mentioned on news channels, weird that init?
Unless anybody wants to not operate with an assumption of NAIRU this is not all that meaningful.
Politically and economically, if we are unhappy with unemployment, then we should pursue a full employment strategy. Nothing else is going to address the tendency of the private market to underemploy people.
We could always choose to reconsider running with NAIRU and instead view the level of unemployment as a political choice, addressed with government policies and public job creation.
But the endless comparison of unemployment rates, that every European nation operating on NAIRU will always have to some degree, is tedious and ignores that actual political choices that lead to the existence of unemployment.
AdPuzzled3517 on
According to some of my family members, the government pays better to stay home so why bother.
cinematic_novel on
Unfortunately weaning off cheap labour isn’t painless, whatever you think of Starmer and Reeves
cinematic_novel on
One thing to keep in mind that there is no minimum wage in Italy and that many jobs are seasonal ones in tourism and leisure, also cash in hand. There are probably tons of inactives there as well. It’s not like it’s booming there. Anyway for what is worth my dad from Italy is saddened and wishes Great Britain “to come back greater than before”.
raven43122 on
This sub is like being in a football one.
Once most of you plant a flag you will defend it no matter what.
Labour messed up with the “once in a life time budget” and caused this with the associated costs to businesses.
Have they done other stuff that’s good sure, but not this
fenland1 on
If you raise NI hugely, increase regulation , raise business input costs and increase the minimum wage and endlessly increase unemployment benefits, what else do you expect? Why work? Why employ anyone?
thedeadenddolls on
And it’ll begin to be blamed on AI rather than corporate greed and shitty policies from BOTH the blues and labour
UK unemployment average over the last 30 years is 6%.
Blackwizard1963 on
You can blame the Tory’s, you can blame Labour but frankly I don’t really care, all I know is that the elected representatives in the U.K. are making an absolute mess of things and as always the people pay the price 🤬
Antrimbloke on
Maybe thats badenochs plan, go to war with Iran, bring in mandatory conscription, solve the unemployment problem.
egg1st on
It’s crazy how we can have increasing unemployment and a labor shortage in some sectors at the same time. Years for government failure from the education system and onwards to provide the skills necessary to meet demand, both academic and vocational. Too many pushed into low value degrees.
Tammer_Stern on
The slightly odd thing is :
– UK population: unemployment is higher now and worse than Italy!
– Labour: yes, that’s what we said would happen in our last budget and in this week’s Spring statement.
If you remember the budget, all the news was “did the black hole have £20bn” or some other irrelevance. No one asked why unemployment is forecast to increase.
hzy323 on
And I seriously doubt it’ll be reversed now. It’ll continue rising thanks to this huge push for AI.
DaruJericho on
Most western countries are struggling right now. The UK ‘s unemployment rate is still lower than Germany, Canada, Sweden and Finland, among others.
Spamgrenade on
Here in Cornwall we can’t get people to put the lids on pies for £14 – £16 an hour. Job centre used to send us people on the regular but that’s been dry for at least 6 months. Pretty much the same story with every similar industry in the area.
thecraftybee1981 on
For context:
People of working age (16-64ish) are classed as either Employed, Unemployed, or Inactive.
Employed are obvious, they’re working.
Unemployed are those people who are NEET – not in Employment, Education or Training – but are actively looking for a job.
Inactive are people who do not work and are not looking for jobs – long term sick, homemakers, early retirees, etc
In the UK, the ratios of the above are 75% in Employment; 5.2% Unemployed; 19.8% Inactive.
Much of the recent increase in Unemployment in the UK has come from people who were once Inactive now actively looking for work.
In Italy, the ratios are 62.6%:5.1%:32.9%
38% of working age Italians do not work, vs 25% of Brits.
LateToTheParty013 on
Ironic. Now our British youngsters can go into Italian hospitality and teach them how to say orange juice correctly
ohdeydothodontdeytho on
Put them on disability. Then they don’t qualify to work and are thus unemployable and don’t belong on the unemployment list.
Hot-Palpitation4888 on
it was all Starmers doin! Heard it on good authority he’s currently building a gingerbread house to lure children into so he can eat them
just-here-for--porn_ on
Next year with the anniversary of the collapse of Northern Rock there will have been two lost decades for the UK economy. My entire adult life has been a long wait for economic prosperity to return.
anonypanda on
Boris wave + high min wages + lax benefit system that pays close to low skilled work is unsurprisingly a recipe for high unemployment.
woahdudee2a on
pay people to not work
people end up not working
surprised pikachu face
anotherhappylurker on
Silly question, but if the unemployment rate is 5.3%, does that mean 94.7% of people have jobs? Because it certainly doesn’t seem that way.
27 Comments
Didn’t realise we were in competition with Italian neets, but okay.
People will blame this on Labour over the 14 years of tories breaking migration record after migration record. Boriswave NEVER gets brought up when immigration is mentioned on news channels, weird that init?
Edit: [https://www.statista.com/statistics/1123370/unemployment-rate-in-the-united-kingdom-uk/](https://www.statista.com/statistics/1123370/unemployment-rate-in-the-united-kingdom-uk/)
Unemployment by ethnic background.
[https://www.statista.com/statistics/284038/immigration-figures-uk-by-citizenship/](https://www.statista.com/statistics/284038/immigration-figures-uk-by-citizenship/)
Immigration by EU/Non-EU.
Unless anybody wants to not operate with an assumption of NAIRU this is not all that meaningful.
Politically and economically, if we are unhappy with unemployment, then we should pursue a full employment strategy. Nothing else is going to address the tendency of the private market to underemploy people.
We could always choose to reconsider running with NAIRU and instead view the level of unemployment as a political choice, addressed with government policies and public job creation.
But the endless comparison of unemployment rates, that every European nation operating on NAIRU will always have to some degree, is tedious and ignores that actual political choices that lead to the existence of unemployment.
According to some of my family members, the government pays better to stay home so why bother.
Unfortunately weaning off cheap labour isn’t painless, whatever you think of Starmer and Reeves
One thing to keep in mind that there is no minimum wage in Italy and that many jobs are seasonal ones in tourism and leisure, also cash in hand. There are probably tons of inactives there as well. It’s not like it’s booming there. Anyway for what is worth my dad from Italy is saddened and wishes Great Britain “to come back greater than before”.
This sub is like being in a football one.
Once most of you plant a flag you will defend it no matter what.
Labour messed up with the “once in a life time budget” and caused this with the associated costs to businesses.
Have they done other stuff that’s good sure, but not this
If you raise NI hugely, increase regulation , raise business input costs and increase the minimum wage and endlessly increase unemployment benefits, what else do you expect? Why work? Why employ anyone?
And it’ll begin to be blamed on AI rather than corporate greed and shitty policies from BOTH the blues and labour
[deleted]
[the UK right now…] (https://old.reddit.com/r/TheSimpsons/comments/2yoi83/hey_vinnie_hows_about_a_pizza_i_gota_no_job/)
UK unemployment average over the last 30 years is 6%.
You can blame the Tory’s, you can blame Labour but frankly I don’t really care, all I know is that the elected representatives in the U.K. are making an absolute mess of things and as always the people pay the price 🤬
Maybe thats badenochs plan, go to war with Iran, bring in mandatory conscription, solve the unemployment problem.
It’s crazy how we can have increasing unemployment and a labor shortage in some sectors at the same time. Years for government failure from the education system and onwards to provide the skills necessary to meet demand, both academic and vocational. Too many pushed into low value degrees.
The slightly odd thing is :
– UK population: unemployment is higher now and worse than Italy!
– Labour: yes, that’s what we said would happen in our last budget and in this week’s Spring statement.
If you remember the budget, all the news was “did the black hole have £20bn” or some other irrelevance. No one asked why unemployment is forecast to increase.
And I seriously doubt it’ll be reversed now. It’ll continue rising thanks to this huge push for AI.
Most western countries are struggling right now. The UK ‘s unemployment rate is still lower than Germany, Canada, Sweden and Finland, among others.
Here in Cornwall we can’t get people to put the lids on pies for £14 – £16 an hour. Job centre used to send us people on the regular but that’s been dry for at least 6 months. Pretty much the same story with every similar industry in the area.
For context:
People of working age (16-64ish) are classed as either Employed, Unemployed, or Inactive.
Employed are obvious, they’re working.
Unemployed are those people who are NEET – not in Employment, Education or Training – but are actively looking for a job.
Inactive are people who do not work and are not looking for jobs – long term sick, homemakers, early retirees, etc
In the UK, the ratios of the above are 75% in Employment; 5.2% Unemployed; 19.8% Inactive.
Much of the recent increase in Unemployment in the UK has come from people who were once Inactive now actively looking for work.
In Italy, the ratios are 62.6%:5.1%:32.9%
38% of working age Italians do not work, vs 25% of Brits.
Ironic. Now our British youngsters can go into Italian hospitality and teach them how to say orange juice correctly
Put them on disability. Then they don’t qualify to work and are thus unemployable and don’t belong on the unemployment list.
it was all Starmers doin! Heard it on good authority he’s currently building a gingerbread house to lure children into so he can eat them
Next year with the anniversary of the collapse of Northern Rock there will have been two lost decades for the UK economy. My entire adult life has been a long wait for economic prosperity to return.
Boris wave + high min wages + lax benefit system that pays close to low skilled work is unsurprisingly a recipe for high unemployment.
pay people to not work
people end up not working
surprised pikachu face
Silly question, but if the unemployment rate is 5.3%, does that mean 94.7% of people have jobs? Because it certainly doesn’t seem that way.