Thursday, March 19, 2009

Unemployment hits 2 million

Or at least that is the official number by the governments preferred measure, as per the ILO (International Labour Organisation).

Well, the thing about that number is it does not include the numbers on incapacity benefit, a wheeze dreamt up in the 1980´s to make the numbers look better, and still working well to massage the numbers for this government.

What is of great concern though is the rate of rise in benefit claimants, up by the highest monthly rate since records began in 1971. Now that is grim.

Still, its alright if you work in the public sector, where jobs are still being ¨created¨ and where wages are going up faster than the private sector.

The BBC has this.

1 comment:

Anonymous said...

how many was it under THATCHER eh?