New employment figures mean workers are worse-off
The government will no doubt be ecstatic about new figures from the Office for National Statistics, claiming that unemployment has fallen again and now stands at 2.02 million, or 6.2 per cent of the workforce.
That does not mean more people are in work!
We know from other statistical releases that the highest rise in – let’s call it – ’employment’ is due to people claiming they are self-employed (whether they are actually doing any work or not – some are sole traders who have stayed on past retirement age because business has been poor, while others are unemployed but prefer to claim tax credits rather than run the gauntlet of unfair benefit sanctions at Job Centre Plus (until HMRC catches up with them)).
And the proliferation of ‘Mandatory Work Activity’ schemes means another large proportion of people without jobs are being wiped from the books every month, while they slave for large corporations at the taxpayers’ expense.
This is reflected in the fact that average wages have risen by just 0.6 per cent in the last year. Take out executive pay and you can bet that average pay has fallen.
Now let’s add in the fact that CPI inflation is at 1.5 per cent – almost one per cent higher than the fiddled rate of pay. And RPI inflation is even higher, at 2.4 per cent.
This means, as the BBC News article points out, that “for most of us, there’s more month left at the end of the money and not vice versa”.
These figures are a disaster for the majority of British people who are on low pay and/or benefits.
Do not let Tory politicians or their mouthpieces in the media fool you.
It is all part of your government’s policy to weaken and enslave the most vulnerable.
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Sadly concocted by the tories for the tories, more smoke and mirrors, I despair.
Another thing is that official inflation is much lower than the actual inflation that people experience. Just another figure that is distorted and manipulated by those who have the power.
Thanks Mike, on the button as ever.
Unemployment is broken up into sections, if 2.2 is the best section it don’t look good for the other sections, One group of people that never get counted are those that have registered as unemployed and get no benefits whats so ever.
That’s because the taxpayer doesn’t have to pay for them.
stacking shelves for those joking charitys salvation at hand nah the poor sods who took their advice and went self employed most are on those no hour contracts surving on their tax credits and child tax yet when their ear ends its ops the tax man will say you got to pay it all back because one hasnt worked the hours yes they didnt tell them that smoke and mirrors work were even the people i talk to when a job is advertised you have to get in that que jeff3
Yep, it’s total horse sh*t. The type of propaganda Goebbels would have indulged in.
Being a natural Bullsh*t detector….If the unemployment (sic) has fallen so fast? Where is Mark Carney? 7% and he would raise the Bank rate..6.2% still no raise..I don’t like the little sh*t, but? He is not fooled by this latest fantasy,as in “He is not willing to put his ass on the line” So wake the £*ck up!
I’m not sure I know what you mean by that. Who’s asleep?
…and of course those who have been sanctioned…..