News Unemployment. here it comes!

[cHodAX]

Coming up on the Coalition Channel! 1.3 million more on the dole according to treasury, 600,000 from the public sector alone. David Cameron is in denial and saying unemployment will fall, what a fucking farce!

BBC News - Forecast suggests 600,000 public sector jobs to go

Double dip recession here we come, you cannot remove that many salaries and tax income from the economy without major repercusions.

 

[Ch3tan]

Go go over-reacting spin!

 

[cHodAX]

Go go over-reacting spin!

1.3 million more unemployed from an official body is over reacting? You need to get a grip fella, the treasury have predicted it and they have ALL THE FIGURES.

 

[megadave]

yay tories

no suprise

 

[eksdee]

i've been unemployed since around the 5th of february, applied for upwards of 25 jobs a day for a huge variety of jobs since then, posted cvs everywhere, signed up with a bunch of agencies. i have an interview tomorrow for a part time design job, it's the first one i've gotten. i've been told by all the 'professionals' i've spoken to such as temping agencies, places like reed, the job centre, that i am doing 'all the right things to find work', i have a first class degree and up until february i had been constantly in employment since 15 (various shop jobs and then i was a cinema manager for 3.5 years).

it's honestly frightening how hard it is to find work.

 

[cHodAX]

i've been unemployed since around the 5th of february, applied for upwards of 25 jobs a day for a huge variety of jobs since then, posted cvs everywhere, signed up with a bunch of agencies. i have an interview tomorrow for a part time design job, it's the first one i've gotten. i've been told by all the 'professionals' i've spoken to such as temping agencies, places like reed, the job centre, that i am doing 'all the right things to find work', i have a first class degree and up until february i had been constantly in employment since 15 (various shop jobs and then i was a cinema manager for 3.5 years).

it's honestly frightening how hard it is to find work.

Very sorry to hear that bud. Sadly it is going to get alot worse, based off those 1.3 million figures you can expect 500,000 of those to have degrees as well. It is going to make life so much harder for any of us looking for work.

 

[Jugvayne]

Gah, what a crap time to graduate Think I'm definitely gonna have to hide and do a second degree now.

 

[Vasconcelos]

i've been unemployed since around the 5th of february, applied for upwards of 25 jobs a day for a huge variety of jobs since then, posted cvs everywhere, signed up with a bunch of agencies. i have an interview tomorrow for a part time design job, it's the first one i've gotten. i've been told by all the 'professionals' i've spoken to such as temping agencies, places like reed, the job centre, that i am doing 'all the right things to find work', i have a first class degree and up until february i had been constantly in employment since 15 (various shop jobs and then i was a cinema manager for 3.5 years).

it's honestly frightening how hard it is to find work.

It is that bad indeed.

I personaly look forward a change, but to be honest, seeing how things are atm, Im so so scared of being unemployed that i stick with my frustrating job just to pay my bills at the end of the month.

 

[cHodAX]

It is that bad indeed.

I personaly look forward a change, but to be honest, seeing how things are atm, Im so so scared of being unemployed that i stick with my frustrating job just to pay my bills at the end of the month.

Spain and Britain are both fucked at the moment, our economies are in the hole bigtime. The sad part for Spain is that if 1.3 million more Brits lose thier jobs that will be 100,000's of less people going to Spain on holiday and supporting one of your big industries.

 

[- English -]

Spain and Britain are both fucked at the moment, our economies are in the hole bigtime. The sad part for Spain is that if 1.3 million more Brits lose thier jobs that will be 100,000's of less people going to Spain on holiday and supporting one of your big industries.

Yes and your forgetting which government led us in to that big hole. The public sector needs cutting and it will mean unemployment as most of the public sector jobs were given them to make statisics look low ...

and your saying for every 1.3mil, 13% of people go to spain on holiday ... outragious accusation imo.

 

[Vasconcelos]

Spain and Britain are both fucked at the moment, our economies are in the hole bigtime. The sad part for Spain is that if 1.3 million more Brits lose thier jobs that will be 100,000's of less people going to Spain on holiday and supporting one of your big industries.

Correctamundo!

Works the other way around too: less spaniards willing to visit London in autum or payin for english courses in England

God bless Europe

 

[cHodAX]

Yes and your forgetting which government led us in to that big hole. The public sector needs cutting and it will mean unemployment as most of the public sector jobs were given them to make statisics look low ...

Yeah Gordon Brown caused a global recession, go you.

Seriously though, the public sector is a big overspend and there is no denying that, it would be foolish for me to do so. People are blinded by party politics though and can not see what is going to come from these massive cuts, you cannot dump 1.3 million more on the dole and not have a radical effect on your economy. Hell in GDP loss alone it will be a body blow.

Remember now, the 1.3 million is a treasury figure and not mine.

As for Labour, before 2005 things were going along just fine, then Gordon broke his golden rules and it was downhill from there. This hole we are in is down to the banks though, if they hadn't fucked us all over so heavily our economy would actually be in a healthy state and growth would have been strong due to the availabilty of cheap finance.

Gordon made mistakes but trust me, the banks fucked us good and hard with no lube and then bust a nut all over your back.

 

[cHodAX]

Correctamundo!

Works the other way around too: less spaniards willing to visit London in autum or payin for english courses in England

God bless Europe

To be fair that is a tiny tiny part of our economy, it isn't nice to lose but it won't hurt too bad. Our tourism to your country is massive though, it has already and will continue to have a bad effect, your biggest industry is tourism right? Hotels thought the last 2 years were bad, if we go into a double digit recession you can expect to lose up to half your tourists from Britain for the next decade. Yes, things will get that bad.

 

[- English -]

No Brown and Labour were not to blame 100%, but decesions they made along the way heavily impacted the way it has taken course. He deregulated the banks and later admitted this was a mistake, he also removed powers from the bank of england. Its ironic how months before the crisis brown was praising bankers on how good they were on how they abolished boom and bust. He claimed the UK, and i quote was "leading the world of out recession", tho its funny how we were the first in, and one of the last countries out.

The worst part comes from before 2005 though, which you fail to see. Brown has no idea why the economy was booming when he was chanellor. He sold our gold off on the cheap (cheap is an understatement) which made the country look very strong. He spent the reserves the tories had saved from previous government, yet failed to fix the roof so when it rained, look at it now. People praise him, including my dad for being a good chancellor. In fact hes been the worst one ive ever heard of. I know how middle aged people hate it times from the thatcher era and i dont see them changing for a long time. My parents were hit under it also, and will never vote torie again, yet they fail to realise it was for the good of the country.

I dont know why people are suprised with the changes the tories are making atm. They are doing everything they said they would... and tbh, i would rather take a few hard years than be on a slippy slope to a 3rd world country which we would be under labour.

 

[Vasconcelos]

To be fair that is a tiny tiny part of our economy, it isn't nice to lose but it won't hurt too bad. Our tourism to your country is massive though, it has already and will continue to have a bad effect, your biggest industry is tourism right? Hotels thought the last 2 years were bad, if we go into a double digit recession you can expect to lose up to half your tourists from Britain for the next decade. Yes, things will get that bad.

Yes of course.

Tho our biggest milking cow with englanders, dutchies and ze germans are the real state market in the seaside.

At least 'till now, the beach&sun "el cheapo" tourism hasnt received that big of an impact (compared with the investments in real state). Apparently theres still some pounds leftover under the bed for that weekend in Mallorca to drink gallons of beer&sangria and eat crap food for tourist in a cheap hotel.

 

[PLightstar]

The Public sector needed trimming, a friend of mine went to work for the council and she saw jobs being created for no reason, other than to use the budget up. So the council would get a similar or bigger budget the following year. Money needs to be saved in order for us to get out of this ditch. There are numerous reasons why we have ended up here, but now we got to get out without spending our way out. New building projects etc will create new jobs, they always have and thus we create new jobs in other sectors and everything will be on track, but as always this takes time. Unemployment will fall, but very unfortunately it has to rise first in order for the country 'to rise'

 

[cHodAX]

No Brown and Labour were not to blame 100%, but decesions they made along the way heavily impacted the way it has taken course. He deregulated the banks and later admitted this was a mistake, he also removed powers from the bank of england. Its ironic how months before the crisis brown was praising bankers on how good they were on how they abolished boom and bust. He claimed the UK, and i quote was "leading the world of out recession", tho its funny how we were the first in, and one of the last countries out.

The worst part comes from before 2005 though, which you fail to see. Brown has no idea why the economy was booming when he was chanellor. He sold our gold off on the cheap (cheap is an understatement) which made the country look very strong. He spent the reserves the tories had saved from previous government, yet failed to fix the roof so when it rained, look at it now. People praise him, including my dad for being a good chancellor. In fact hes been the worst one ive ever heard of. I know how middle aged people hate it times from the thatcher era and i dont see them changing for a long time. My parents were hit under it also, and will never vote torie again, yet they fail to realise it was for the good of the country.

I dont know why people are suprised with the changes the tories are making atm. They are doing everything they said they would... and tbh, i would rather take a few hard years than be on a slippy slope to a 3rd world country which we would be under labour.

Oh come on fella, that bank deregulation was worldwide and as much as he fucked up every member of the G20 did the same to one degree or another. We need to face facts, our economy was going along ok until he broke his golden rules on spending but that did not cause the recession and if the banks hadn't screwed up so badly it may well have been a gamble that paid off for Gordon Brown. Sadly what we got was a perfect storm, a global credit crisis comes along right when we are most exposed on public spending and private sector borrowing. He made a mistake, yes. Caused a recession? Not a chance.

Now for your last bit, you said the Tories are doing everything they said they would. Bullshit. Cameron even now is denying the unemployment levels we are going to have to deal with, he will not address the Treasury figures but even worse than that are the public sector figures from the Office for Budget Responsibility which are FOUR YES FOUR times higher than the Tories originally said.

Do not let party politics blind you folks, this government is going to cut public spending to the bone and that effects us all. Some of the cuts are badly needed, others are just irrational and will push us towards brink if left unchecked.

 

[cHodAX]

Yes of course.

Tho our biggest milking cow with englanders, dutchies and ze germans are the real state market in the seaside.

At least 'till now, the beach&sun "el cheapo" tourism hasnt received that big of an impact (compared with the investments in real state). Apparently theres still some pounds leftover under the bed for that weekend in Mallorca to drink gallons of beer&sangria and eat crap food for tourist in a cheap hotel.

Nah we are all off to Turkey bud, it is cheaper and alot hotter.

 

[Raven]

All they are doing is clearing the jobs which were created by labour to help massage the unemployment figures, there is so much waste in the public sector its ridiculous. Why should people who work in the private sector suffer through lack of services, higher taxes etc, just to keep people employed in cushy public sector jobs?

 

[cHodAX]

<sigh> Guys, can you not see where I am going with this? I am not for a second saying that there didn't need to be public sector job cuts but come on ffs, 600,000 now? It was 150,000 a few months ago, then 200,000 and then 250,000 but now all of a sudden 600,000? If you cannot see that having that many skilled people hitting the dole queues and job market is not going to seriously fuck our economy then I really do worry that you are all buring your head in the sand. Forget the dole payments, what about the 1.3 million people who were paying into the public purse via taxation that will now be taking out of it? We are talking billions and billions in lost income tax plus NI.

Yes the deficit is cut but GDP and tax revenue gets fucking smashed in the process. Double dip recession might sound like a sound bite but we are headed directly for one because this government isn't brave enough to do the really hard thing which is raise income taxes and lower spending moderately. The G8 meeting recently said it all, cut too fast and you will kill any chance of growth, cuts need to be staggered and modest to encourage new growth.

 

[Ch3tan]

1.3 million more unemployed from an official body is over reacting? You need to get a grip fella, the treasury have predicted it and they have ALL THE FIGURES.

1.3 predicted by a leaked report which has yet to be confirmed.

Also figures that were not accurately reported under our last glorious leader. Also huge immense, ridiculous anti-tory naivety in assuming that Labour would not have done the same to the job market over the next few years, if not worse. They created a bubble to try and win votes by propping up the economy falsely. Harsh measures are coming, and they would still have come under a Labour government.

Just seen your post above. Again, stop reading too much into a leaked report and a lot of spin. It's 600,000 supposedly, over 5 years. This is only a prediction, one that has not even been confirmed yet. Scaremongering newspaper headline.

 

[cHodAX]

1.3 predicted by a leaked report which has yet to be confirmed.

Also figures that were not accurately reported under our last glorious leader. Also huge immense, ridiculous anti-tory naivety in assuming that Labour would not have done the same to the job market over the next few years, if not worse. They created a bubble to try and win votes by propping up the economy falsely. Harsh measures are coming, and they would still have come under a Labour government.

Just seen your post above. Again, stop reading too much into a leaked report and a lot of spin. It's 600,000 supposedly, over 5 years. This is only a prediction, one that has not even been confirmed yet. Scaremongering newspaper headline.

Labour set out thier plans for moderate spending cuts through the life of the next parliment including public sector job cuts which were less than half what we now have. Next.

The treasury figures were leaked and have not been denied days on. The Office for Budget Responsibility are not leaked, they are official forecasts.

 

[georgie]

Forget the dole payments, what about the 1.3 million people who were paying into the public purse via taxation that will now be taking out of it? We are talking billions and billions in lost income tax plus NI.

Surely they're paying our money into the public purse anyway aren't they? If we are paying some guy £50K a year for a job that's not needed and he pays £20K a year tax, aren't we making a £30K a year net loss on him?

 

[Raven]

Its simple really, harsh cuts in spending now or the country ends up with an economy like Greece.

Fairly straightforward choice I would have thought.

 

[cHodAX]

Surely they're paying our money into the public purse anyway aren't they? If we are paying some guy £50K a year for a job that's not needed and he pays £20K a year tax, aren't we making a £30K a year net loss on him?

A net loss? For a job we actually might have needed doing? Then factor in the benefits such as dole, tax credits, housing benefit council tax benefits? It isn't anywhere near as big a saving as you might thing.

We are going to be cutting GDP and tax reciepts so that just means the pot is smaller to begin with. Yes it reduces the public spend hence the defecit but you have to counter that with the knock on effect to the economy via housing and retail.

One thing we all know, high unemployment means a bigger welfare bill. You give with one hand and take with the other but the net gain is smaller than imagined and you stiffle growth in the process by lowering the amount of expendable cash in the economy.

 

[Everz]

Dole sitting is fun, whats a job anyways?

I'm being blunt as there is zero work out there, I couldnt get a sniff of anything in Cheltenham and coming back home is just depressing on the work front, absolutely nothing, comes to something when over 500 applied for a maccies burger flipping job.

 

[cHodAX]

Its simple really, harsh cuts in spending now or the country ends up with an economy like Greece.

Fairly straightforward choice I would have thought.

Raven you are a good bloke, if you weren't I would be shouting at you now for such a silly statement.

Greece is a much different case than ours but yes the result could be the same given a double dip recession. The thing is we still have the tools in our economy to dig our way of this hole, Greece does not, they were a weak economy to begin with and were borrowing money they really had no way of paying back. As bad a shape as our economy is in right now it is still a very large economy with a highly skilled workforce, if we can diversify that somewhat and temper it with slightly higher taxation alongside moderate spending cuts we will be just fine over the long haul.

Sadly we are going too far too soon, growth will be crippled and recovery will take 10 years instead of 5.

 

[- English -]

Heh Raven took the words right out of my mouth.

Chodax, did you know the tories had to scrap labours plans to join the Euro when they got in?

what? what? .. "i didnt know about us joining the euro" yes re-read.

Not many people did, it is 1 of many reasons why labour are a sneakey lying government and should never be allowed in power again!

Long live me (and Cameron)

 

[cHodAX]

Heh Raven took the words right out of my mouth.

Chodax, did you know the tories had to scrap labours plans to join the Euro when they got in?

what? what? .. "i didnt know about us joining the euro" yes re-read.

Not many people did, it is 1 of many reasons why labour are a sneakey lying government and should never be allowed in power again!

Long live me (and Cameron)

lol what? Care to back that up with facts? Oh and you do know we were promised a referendum on joining the euro as far back as 1997 right so it hardly comes as a shock that senior labour MP's would want to join the euro but that doesn't meant that it was going to be put forward as policy.

 

[Imgormiel]

Heh, big irony here for me. I have a job interview on friday for an information officer's job. Was deprived area assisted vacancy after being on the dole for 31 months. They said if I didn't apply I would be sanctioned. Sent app yesterday. Phoned this morning for interview. Ok, the money is shit at £5.80 an hour but it's only 30 hours a week. I'll get working tax credit and won't need to pay tax as if I get it I haven't started the tax year and therefore won't need to pay it. It's a fixed termed contract for 6 months. Way I see it, i'll have an extra £100 in my ass pocket and still have the time left to study for my NCTJ exams due in November. Salary sucks ass but I can only see the positives as I am sick of being skint and stuck in a situation where I can do a job but I am not allowed to do it due to not having the piece of paper. So fuck it, I'll take the £100 and the spare time and not have the hassle of signing on and getting stared at by nubs behind a desk who know nothing about unemployment yet work for the DWP