Green shoots???

• Guest 655

  • Registered: 13 Mar 2008
  • Posts: 10,247
  11 November 2009     13:0332825
  #1       report
  or not...
  
  Any improvement in employment figures is to be welcomed of course, but it shows just how economic expectations have fallen when just 6,000 people have found employment over a full three months and it is seen as some kind of salvation.
  
  If you look closely at the Market Statistics it is not so rosy. Unemployment was expected to rise, it has done and will carry on rising.
  
  The employment figures are misleading.
  
  The UK economy is still contracting, though that decline has slowed.
  
  Vacancies fell by 1,000 and are at their lowest since records began.
  
  Economic inactivity rose again, but only by 0.1 per cent this time demonstrating my point.
  
  You must place these figures in perspective too. This is the season to be merry and an increase in employment is perfectly normal at this time, many of these jobs will fade away in the New Year.
  
  So one cheer for the 6,000 - while this country still languishes in recession while the other major developed nations have started the climb back months ago....
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  11 November 2009     17:3632834
  #2       report
  and most of them are in the eurozone barry,so much for your theroy about the euro.
• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  11 November 2009     17:5832839
  #3       report
  the unemployment rate in the eurozone is much the same as ours, will probably get worse because of the high exchange rate.
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  11 November 2009     18:0932842
  #4       report
  not really howard,france and germany gpd has increased by 3.5% in the last 3 months.
• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  11 November 2009     20:0432846
  #5       report
  sorry brian, i do not understand your answer.
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  11 November 2009     20:2432852
  #6       report
  howard,france and germany are coming out of ressision,therefore firms are slowly taking on people.
• Guest 655

  • Registered: 13 Mar 2008
  • Posts: 10,247
  12 November 2009     09:3832878
  #7       report
  Brian - So is the USA on the way out, Japan, and much of the Far East and emerging economies.... Nothing to do with the Euro at all Brian. The impact of the recession would be a lot worse if we were in the Euro, the currency would not have been able to take some of the strain of Brown's Binge, supporting our exports.
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  12 November 2009     17:1232902
  #8       report
  barryw,you seem sure of yourself but i can see that it will come eventully wheather you like it or not.