La disoccupazione nel Regno Unito dovrebbe raggiungere il livello più alto degli ultimi 11 anni nel 2026, prevede il NIESR
https://www.reuters.com/business/world-at-work/uk-unemployment-set-hit-11-year-high-2026-niesr-forecasts-2026-02-04/
di signed7
6 commenti
Still less than the 70’s.
Rich are still taxed less than in history.
This is all song and dance to distract you.
It starts off blaming the cost of labour because of minimum wage increases and the increase in employers NI contribution but…
>However, not all the increase in unemployment was due to fewer job vacancies, NIESR said.
More people who previously were not in work or looking for work – **and therefore were not considered to be unemployed** – were now trying to find a job, after several years following the pandemic when so-called inactivity rates rose.
So people that weren’t included in the numbers are now being added..
>Britain’s official unemployment rate was its lowest in around 50 years at 3.8% in 2022 and 2019 **although the survey used to calculate it is now in the process of being overhauled due to quality issues.**
What articles like this fail to explain is the relationship between unemployment and inflation that is assumed by central banks.
4-6 percent unemployment is generally the sweet spot for the NAIRU so these latest figures, particularly in the context of it being driven mostly by more people being available to work as opposed to job losses. The increase in the rate isn’t really cause for alarm and (arguably) helps to contribute towards price stabilisation.
Though it will make the narrative that employers NI rises are bad for the economy as a whole a bit less convincing.
Just today, I’ve created a European-focused CV, bought a EU-based SIM card and got out on European-based job boards.
It’s shit enough as it is, I’m not sticking around to see it get even worse.
(Thank you dual citizenship)
and it will keep raising. no one is hiring hence no one has money to spend, doom loop.
The lefties on reddit will stay this has nothing to do with Labour.