Live register over 100,000

[digoutday]

for the first time in a decade....

thanks FF

http://newstalk.ie/newstalk/news/931...,000-mark.html

[freedomlover]

for the first time in a decade....

thanks FF

http://newstalk.ie/newstalk/news/931...,000-mark.html

Bilge! Its not the LIve register, its the Quarterly National Household Survey. See the thread I opened on it. When it was last 100,000, the workforce was about 1.5 million and the unemployment rate about 7% (which was itself at the time the lowest rate for decades). In the figures out today, the workforce is about 2.25 million and the unemployment rate is 4.8%.

[rockyracoon]

I think everyone's going to have to take these stats with a grain of salt. Let's face facts. The government really doesn't know how many people live in the country anymore. So how are we going to interpret unemployment figures in light of this? I'd tend to agree with freedomlover's assesment at the moment, although I'm not sure how many people are actually working. Also, given that the largest cohort of unemployed will be from construction for the time being, I don't expect a large upward spike in the figures. Most construction workers are classified as self-employed, are very mobile in accessing work overseas and many probably were never figured on any type of register at all. However, I would expect the unemployment figures to gradually increase given the economic climate. Just my guess.

[seabhac siulach]

Moving away from statistics (with all their inherent distortions), a more telling demonstration that we may be heading back to 1980's style unemployment is the following.

[Dillinger]

Moving away from statistics (with all their inherent distortions), a more telling demonstration that we may be heading back to 1980's style unemployment is the following.

Interesting story, you could have put the date on that story as June 1986, it would have fitted right into that era, no one would have questioned its authenticity.


Funny response from one poster on the site = "What a load of rubbish. Jobs are not scarce yet."