Unemployment rises 118,000 during Sept to Nov 2012
During the latest quarter Sept to Nov 2012 unemployment rose by 118,000.
The total unemployed now stands at 2.68 million.
David Cameron's economic policy for dealing with unemployment is to give all the big manufacturing contracts to Germany, and crumbs from the table to companies like Bambardier.
But we must give him time, it will take some time to see if Cameron's very original economic ideas actually bring down unemployment long term.
We must be fair, and see if this coalition's industrial policies actually bare fruit, given enough time.
Last edited by SDP; 18-01-2012 at 08:54 AM.
Nice prediction. Have you always been clairvoyant?
It's a case of damned if we do, damned if we don't.
We cant drop immigration, that obviously adds to unemployment because it will crash the housing market and in turn bankrupt the banks and then bankrupt the state.
We cant grow our way to success because we cant compete with the low wages of China and India
Bombardier was perhaps an unfortunate case but if we start favouring our businesses then the rest of the world will follow suite and then protectionism sets in.
We have to face the facts that whatever happens things are going to get worse.
The things we are witnessing reminds me of the film collapse. Basically the guy in the film says that there is a finite amount of resources in the world but our economy requires contant growth, eventually they both meet and then the economy can grow no more and this is what is happening now.
The best way to improve the situation globally is to reduce the popullation and make a 2 child per family policy complulsory for the whole world. This will lead to raising living standards, as has happened in China and will also gradually reduce the demand for natural resources. The earth's popullation should not be 7 billion and growing. We are at the height of human popullation and our children and grandchildren will hate us for not getting a grip of the situation.
Last edited by ChrisV; 18-01-2012 at 09:19 AM.
Can I have tonights Lottery Numbers too please?
Relax.
Everything is under control despite appearances.
High unemployment is the Tories main economic policy, they do it every time they are in power. It keeps those with jobs scared to complain and allows tories and bosses to argue that we need a more flexible deregulated worforce.
118000 jobs have not been lost they have been thrown away by Dave and co.
Last edited by jm51; 18-01-2012 at 09:53 AM. Reason: not finished
118000 jobs have not been lost, they're still there, just non-Brits are doing them.
Why people make stupid comments like this i will never know. Do you honestly think the government are trying to wreck the economy?!?!? We live in a democracy!!!! It's in everyone's interest to make things better. If things go badly then the government gets kicked out! The reason Labour were in for 3 terms is because they gave the impression that things were better by spending a fortune and maxing out the countries credit card. It's like your neighbour buying a porche on the credit card. They might look like things areOriginally Posted by jm51
doing well but its a facade!
What exactly would you do to fix the current situation?!?!?
You think 118000 job loses are bad!!!! Look at unemployment in Spain, Greece etc. That is what will happen if the government goes bankrupt! The UK has liabilities of 1000% of GDP. Look at the website below. Those figures are from Morgan Stanley not the bloody tooth fairy!
Guess Which Country Has Debt Of Nearly 1000% Of GDP... - Business Insider
If immigration drops then housing demand drops, which means house prices crash, the banks are so highly leveraged that a drop of 5% bankrupts them, the UK government has guaranteed them so the UK government goes bankrupt.
Things aren't going well but there is NOTHING that can be done. At least we still have our AAA rating. If the UK base rate goes up we're all sunk!
They appear to be having a damned good try at doing so. If an A10C Fairchild Thunderbolt strafed the high street in the nearest town to me, I doubt anyone would get killed or wounded because there are so few people in the street.
Do you honestly think the government are trying to wreck the economy?!?!?
If they are not doing this on purpose then its incompetence.
And yes they do want high unemployment like lt or not the tory party is owned run and funded by big business and a pliable workforce is the price that is demanded of them.
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