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New definitition of good news

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    New definitition of good news

    http://newsvote.bbc.co.uk/1/hi/business/8104546.stm

    UK unemployment rose to 2.261 million in the three months to April, the highest since November 1996, the Office for National Statistics said.

    The jobless rate rose to 7.2%, the highest since July 1997, but still less than expected.

    The number of people claiming unemployment benefit rose by 39,000 in May, less than the 60,000 which had been forecast by analysts.

    The claimant count rate rose to 4.8%, the highest since November 1997.

    The number of people in work fell by 271,000 over the three months to 29.11 million, the biggest quarterly drop since comparable records began in 1971.


    Analysts welcomed the data, but said it was too early to hail it as a turning point in the recession.


    Good news! The UK economy is only completely ****ed!

    #2
    Originally posted by DimPrawn View Post
    The number of people in work fell by 271,000 over the three months to 29.11 million, the biggest quarterly drop since comparable records began in 1971.


    !
    So in a country of about 65 million less than half actually work?
    Outstanding ...
    Wonder what the proportion is in other countries.
    Send those kids up chimneys I say.
    Last edited by sasguru; 17 June 2009, 10:42.
    Hard Brexit now!
    #prayfornodeal

    Comment


      #3
      Originally posted by zeitghost
      http://www.electronicsweekly.com/blo...tter-says.html

      "The rate of increase in American unemployent is decreasing"....
      Thats old news - it's what the goverment used to say here in the 80s

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