I live in inner city London and it is already getting a bit leary. We now have lots of beggers, youth just hanging around on corners, clearly drunk middle aged men in tatty clothes, people sleeping in tents in the local park. And the problems have only just started.
Things are getting bad. I just saw a slideshow of the UK wide unemployment over the past 13 months at:
http://news.bbc.co.uk/1/hi/business/7789784.stm
Most of north of England, Birmingham and south Wales are being hit hardest.
If you are out of work and not tied down with a house/kids/wife then looking at this graph is a good indicator to show where perhaps you should be moving to.
The UK economy has cooked up a strong upward trend in unemployment. In December, the rate hit 6.5 percent. Two million people are now without work.
I think that a lot of people will end up on sickness benefit so Gordon Brown can save face!
ReplyDeleteAny indications on the forecasts? when is this whole thing going to improve?
ReplyDelete6 Months tops maybe sooner,until the prime mentalist goes confidence will not return.Every extra billion he borrows just prolongs the agony.
ReplyDeleteI live in inner city London and it is already getting a bit leary. We now have lots of beggers, youth just hanging around on corners, clearly drunk middle aged men in tatty clothes, people sleeping in tents in the local park. And the problems have only just started.
ReplyDeleteThings are getting bad.
ReplyDeleteI just saw a slideshow of the UK wide unemployment over the past 13 months at:
http://news.bbc.co.uk/1/hi/business/7789784.stm
Most of north of England, Birmingham and south Wales are being hit hardest.
If you are out of work and not tied down with a house/kids/wife then looking at this graph is a good indicator to show where perhaps you should be moving to.
I don't think unemployment matters as an absolute anymore - the figures are so gerrymandered they're just an indicator of change.
ReplyDeleteFor real value, you'd have to chart those not in economic employment.
And that would be a truly scary graph.