Unemployment continues to fall and is at its lowest for six years
Figures released this week by the Office of National Statistics show that
Jobless total fell 58,000 September to November, to 1.91m
Number claiming jobseeker's allowance fell 29,600 to 867,000
Job vacancies reached a new record - up by 19,000 to 700,000
Average earnings increased by 1.7% in the year to November
Details here.
'Behind the statistics are stories of people finding self-respect and purpose in life.’
Details here.
The number of people claiming Jobseeker’s Allowance is at its lowest level for almost seven years and is now below 900,000, the ONS said. Long-term unemployment has fallen by 185,000 in a year to 658,000.
David Cameron said: ‘The drop in unemployment is welcome news.
'Behind the statistics are stories of people finding self-respect and purpose in life.’
Comments
still, it is welcome news, though i suggest scrapping VAT, Nat ins, Stamp duty and Inheritance tax, and replacing them with a 3.5% LVT coupled with a flat income tax rate of 20% and a £3500 per year cash payment to everyone.
just got rid of benefit problems there too
Isn't it great what you can do with headlines.
"Deficit cut by a third under Tory's"
or
"Hundreds of years of National Debt increased by 50% in just 5 years under Tories"
Conservatives the party of borrowing, see total national debt over last 15 years for details"
im enjoying this.... :o)
The scale of the debt and deficit accumulated over the Labour years, particularly at the end, meant that the debt was always going to keep going through the roof for a time, whatever policies were followed. It has taken a major effort to cut the deficit as much as it has been cut - and if your point is that this isn't enough and we have to cut it further, I entirely agree with you. And so would George Osborne.
There has been a big fall in the standard of living of many families: but it didn't start in 2010: it started about 2007. But at least for most people - not all - it has finally started to turn around.
ON the jobless position, however, there has been massive progress, with nearly 2 million new jobs created.
NOT by the government, but by the private sector.
Where the government DOES deserve credit is that they got out of the way and let private businesses create those jobs.
Does the fact that those jobs and that business is creating wealth and improving our ability to pay mean we are out of the woods or that the deficit is still too high does not matter? Absolutely not.
Does it mean we have made progress towards the point we can start paying back the debt and reducing the risk of meltdown? Absolutely yes.
I do understand that the current government have made things better and and not hindered the automatic econonomy recovery* so much, that bit i agree with, and I also think that another government would not have done. So thats good.
But, I also think they are not doing enough to cut spending, to reduce the deficit, and it needs to be cut (or i would prefer eliminated) much sooner
- I did not think I had made much of a secret of that bit over the last few years :-)
* I am of the opinion that a recovery happens after a bust regardless, the economy fixes itself. So long as there is sufficient space "allowed" by governments to let it heal itself. the proposal of LVT i suggested would be a way to hinder it less, and allow the enonomy to recover at a much faster rate. Simply by removing taxes from productivity and income, and instead taxing the premium site value of land.