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  1. HotelPuzzleheaded654 on

    *“We see different patterns across the age ranges with record numbers of over-65s in work, while the increase in unemployment was driven mostly by younger people.*

    Boomers now not even letting young people prop up their Triple Lock lol.

    If you want a job doing then do it yourself.

  2. Is there any way we can separate these figures so we can see how the figures vary between the public sector and the private sector?

    I have a feeling the government is hiring speedily while the private sector is shedding rapidly and the difference is being masked by these combined net figures.

  3. Not surprising really, loads of companies have been “restructuring” lately. Basically means they’re hiring fewer people and squeezing more work out of whoever’s left

  4. I honestly think this shitty government want as many unemployed people as possible, so they can keep dishing out money to them!

  5. Hopeful_Stay_5276 on

    I had a look at the stats just yesterday, for an assignment I’m writing. The underlying trend is worrisome and lower levels of unemployment were beginning to flatten out and trend upwards again even without Covid being taken into account in 2020.

    We’re nowhere near the historic highs of the 70s & 80s, but full employment is still a long way off and we’re trending in the wrong direction.

    When you consider how Britain doesn’t have a specialist industry anymore, and everything seems to just circle around the service industries, it’s hard to see a way to grow the economy in a way that will lift employment levels longer term.

  6. God this November budget is gonna hit normal people so hard as I doubt they are gonna touch anything to do with employment with how shaky its looking

  7. Severe_Revenue on

    Again this is not a suprise when Labour have watched 100,000 jobs vanish from the job market during thier time in power so far, instead of tyring to address the lack of business confidence in the job market they took the means to create more instability. The NMW increase and the NI increase was a double punch for buisness who were already worried about things back when Labour took power. They should have just increase the NMW first and it used it to litmus test the strain an NI increase could have.

    Combine that with Labour greaty reducing the support towards the The Disability Confident scheme, Trump’s tarrifs, a continuing drop in consumer confidence and Labour falling to match the growth on Sunak’s last year in government it means businessess have seen a disruption in supply chains, do not have confidence in the government and over all and are pushing more work on exisiting ‘reliable’ employees rather than replacing workers who are leaving. This feeds into employers ramping up searches for unicorn candidates which results in job ads that are too strict in what they want while having 100+ people applying for them cos people are desperate for a job.

  8. Tasty_Importance_216 on

    We need more migration that’s what we need. According to the Greens migration is our superpower so if we get more of that all the employment figures will improve.

    All jokes aside I knew this will happen and I will not call myself an economist by any stretch of the imagination. Increasing Employers NI was one of the dumbest economics policies I’ve seen from a UK government in my lifetime. To make to more expensive to hire people is silly.

  9. No-Enthusiasm-2612 on

    I expect labour will blame AI, or indeed anything other than the current state they’ve created.

  10. I am looking forward to some coherent right wing alternative policies being put forward as opposed to the lazy bashing and criticism.

    I fear I will have a very long wait.

  11. There needs to be some incentive to hire unemployed rather than those already in employment with reason. It’s a fact that those already working have hire chances of being employed elsewhere, meanwhile the unemployed are climbing a 90 degree angle cliff unassisted

  12. JackStrawWitchita on

    The weird thing is the government keeps blaming unemployed people for being unemployed. Doesn’t matter how many jobs you apply for, or how few jobs are available in your area, the DWP blames jobseekers for not taking jobs that don’t exist.

  13. This is direct evidence government deficits are currently too small and the Bank of England’s interest rate is too high.

  14. Higher NI, can outsource remote services to India/Eastern Europe, manufacturing to China. We get what’s left.

  15. IncorrectAddress on

    Hey look at the bright side, they are going to give advisor jobs to some, so they can tell other people to get jobs, and if those can’t get jobs they will turn them into criminals and homeless people, what a clever system.

  16. Boring_Income_7497 on

    There are two major issues for me:

    1. Low and stagnating wages do very little to encourage people to get work and stay in work. I often moan about lazy young people (im only 28) who don’t seem to have any get up and go. Or those that fall into the uni trap i.e. going to a second rate uni studying something silly who then can’t find work afterwards. However, I do sympathise because wages are so low people feel defeated before they’ve even begun their work journey. This also makes people more susceptible to mental health issues (yes, I do think these are exaggerated by a lot of people).

    2. Housing. This is the biggest issue. Lack of affordable and decent housing discourages people from moving to where the jobs are. Young people don’t feel like they can get on. Also, living in a grotty flat with no money at the end of the month absolutely destroys people mentally.

  17. YeahOkIGuess99 on

    I remember when, during the height of the pandemics, a lot of people were saying how it would be the next boom when we come out of this. Loads of jobs for everyone, renewed productivity, soaring enthusiasm, people relishing being able to reclaim their lives again.

    LMAO.

  18. For many medium and small businesses the cost of employing people is too high, the cost of business rates is too high, the cost of renting is too high, the cost of transporting goods is too high. Literally everything is costing too much – unless assets and property is owned outright. There’s the rub: there are plenty of assets and commercial properties in the hands of very few companies and landlords. They charge whatever they can get away with – ultimately pricing out smaller and less profitable businesses. Business rates don’t help either. Thus overheads including energy costs squeeze many medium and small businesses until margins are so thin that the only way out is to reduce the workforce, that has to then cope with the same workload as before.

    It’s a vicious circle where the banks are reluctant to lend money and costs are ever increasing.

  19. brighterdays07 on

    I’m not surprised by this. High interest rates, cost of capital is high and Reeves decided to tax company’s more by increasing employer’s NI contribution.

  20. No Job = free house, free money, free time, free prescriptions, free dentist, free eye tests, no council tax, free travel.

    Job = pay for everything and have no money left and no time.

    I wonder why there’s more people unemployed.

  21. disordered-attic-2 on

    My friend runs a small business, it’s too expensive and risky to employ someone when you have tight cashflow so they don’t risk it and keep their business small and marginally profitable.

    The exact businesses we want to grow are too scared. That’s a broken economy and with Labour’s upcoming changes will only get worse.