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Unemployment drops below 7%

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    biggle2000biggle2000 Posts: 3,588
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    Kiko H Fan wrote: »
    No.

    It's time savers were rewarded.

    Cant understand why people keep leaving their savings snooze in banks. I get around 7-8% on my investments. Just needs a bit of effort.
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    gummy mummygummy mummy Posts: 26,600
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    whether he ignores you or not, you can still read his post. as for links to his figures, you never put links in when you say things. things such as "IDS treating people like lepers" - didn't see a link for that one.;-)

    I can but I choose not to ;-)


    I will point out that I do include links when I repeat something that comes from a news report .

    What I said about IDS/this Government was my opinion not a fact and I can't really give a link to my opinions, so what am I supposed to do?

    Are you saying my opinions are not acceptable on this forum ?
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    wallsterwallster Posts: 17,609
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    Wonderful news. No wonder the Conservatives are most trusted on the economy.
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    Rastus PiefaceRastus Pieface Posts: 4,382
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    I can but I choose not to ;-)


    I will point out that I do include links when I repeat something that comes from a news report .

    What I said about IDS/this Government was my opinion not a fact and I can't really give a link to my opinions, so what am I supposed to do?

    Are you saying my opinions are not acceptable on this forum ?

    your opinions are always welcome on this forum as are everyone else's. but for clarification, if it is your opinion, then say so.
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    David TeeDavid Tee Posts: 22,833
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    whether he ignores you or not, you can still read his post. as for links to his figures, you never put links in when you say things. things such as "this government treating people like lepers" - didn't see a link for that one.;-)

    edited: put this government instead of IDS.

    :D

    FWIW, I generally DO post links but GM is in invariably in the habit of deliberately misunderstanding / ignoring / rubbishing them (my opinion, obviously) which is I no longer post them for her. Or anything else, come to that.

    In this instance I didn't post them because I would have thought the links fell into the category of the pretty bleeding obvious - but since some people insist on being spoon-fed, I can confirm that all the relevant data can be found on:

    1) ONS - Jobs in the Public and Private sectors
    2) ONS Labour Market Statistics - January 2009
    3) ONS Labour Market Statistics - December 2010
    4) ONS Labour Market Statistics - April 2014
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    Kiko H FanKiko H Fan Posts: 6,546
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    biggle2000 wrote: »
    Cant understand why people keep leaving their savings snooze in banks. I get around 7-8% on my investments. Just needs a bit of effort.

    Can you get your hands on the cash immediately?
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    paulschapmanpaulschapman Posts: 35,536
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    Kiko H Fan wrote: »
    Can you get your hands on the cash immediately?

    TSB are offering 5% on a current account (minimum £1000 a month to be put in account)
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    [Deleted User][Deleted User] Posts: 721
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    What needs to be reported is not just the unemployed figure as a percentage, but the actual numbers. Also, the salary brackets of the number of employed people. Being paid by the hour is not a guaranteed income and the stats should reflect this.
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    Kiko H FanKiko H Fan Posts: 6,546
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    TSB are offering 5% on a current account (minimum £1000 a month to be put in account)

    That's a current account though, not a savings account.

    I'm after an account that pays good interest on a single lump sum, but has instant access.
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    Peter the GreatPeter the Great Posts: 14,230
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    wallster wrote: »
    Wonderful news. No wonder the Conservatives are most trusted on the economy.
    By whom? The gullible? Why are they still borrowing so much?
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    [Deleted User][Deleted User] Posts: 721
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    By whom? The gullible? Why are they still borrowing so much?

    So they can raise the foreign aid budget to proposterous levels?
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    David TeeDavid Tee Posts: 22,833
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    By whom? The gullible? Why are they still borrowing so much?

    Because the level of borrowing they inherited was astronomical. Fortunately, the level of borrowing now is considerably less than it was then.
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    gummy mummygummy mummy Posts: 26,600
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    By whom? The gullible? Why are they still borrowing so much?

    Well some people do seem to think it's okay for this Government to borrow millions more than Labour borrowed.
    The UK National debt 2008- 2013

    Current UK National Debt Numbers
    Gross National Debt
    FY 2013* £1.16 trillion
    FY 2012* £1.04 trillion
    FY 2011 £0.91 trillion
    FY 2010 £0.76 trillion
    FY 2009 £0.62 trillion
    FY 2008 £0.53 trillion

    http://www.ukpublicspending.co.uk/uk_national_debt
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    paulschapmanpaulschapman Posts: 35,536
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    Well some people do seem to think it's okay for this Government to borrow millions more than Labour borrowed.



    http://www.ukpublicspending.co.uk/uk_national_debt

    The debt will always rise until the deficit has been eliminated and that is not going to happen until 2017/18. The government have a rolling 5 year plan for eliminating the deficit, and before anyone says that the government has borrowed the same as Labour planned - all things being equal they would have borrowed even more as their plan was to eliminate only half the deficit in the same period.
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    Rastus PiefaceRastus Pieface Posts: 4,382
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    The debt will always rise until the deficit has been eliminated and that is not going to happen until 2017/18. The government have a rolling 5 year plan for eliminating the deficit, and before anyone says that the government has borrowed the same as Labour planned - all things being equal they would have borrowed even more as their plan was to eliminate only half the deficit in the same period.

    do you know of any forecasts as to what would have happened to the defecit / debt when the eurozone crisis happened a year or two back, if labour were in office now?

    not even the great all seeing vince cable saw that one coming.
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    flagpoleflagpole Posts: 44,641
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    It's fantastic news for everyone. Though the BBC article does point out that the rate of growth in average earnings includes bonuses, and if you removed them from the numbers then earnings growth was only 1.4% - i.e. still below inflation. So you can imply from that that (on average) those on non bonus salaries have seen their living standards fall again.

    I disagree that today's decent economic performance makes up for 3.5 years of non performance, but we've had the same debate too many times now . . . .

    No.

    No you can't. at all. you are making a mistake of translating excluding bonuses with excluding people on bonuses.

    if your salary went up 2% and mine stayed the same, but my 10% bonus went up to 12% then my take home went up by about 2% too.

    so on average our wages including bonuses went up by 2%. but excluding bonuses our salaries only went up by 1%.

    it doesn't change what happened to your salary.
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    paulschapmanpaulschapman Posts: 35,536
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    do you know of any forecasts as to what would have happened to the defecit / debt when the eurozone crisis happened a year or two back, if labour were in office now?

    not even the great all seeing vince cable saw that one coming.

    Well no of course not - it was just to counter the usual guff that Conservative borrowing is the same as Labour predicted their borrowing would be. It is an absurd comparison to make since one is a prediction and did not take into account the Euro crisis and the other was what actually happened with the Euro crisis.
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    bornfreebornfree Posts: 16,360
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    How many on zero hour contracts though?
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    [Deleted User][Deleted User] Posts: 457
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    Fantastic, the Conservatives have secured my vote at the next election!
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    gummy mummygummy mummy Posts: 26,600
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    Well no of course not - it was just to counter the usual guff that Conservative borrowing is the same as Labour predicted their borrowing would be. It is an absurd comparison to make since one is a prediction and did not take into account the Euro crisis and the other was what actually happened with the Euro crisis.

    I resent being accused of talking guff, especially as I have included a link and haven't just spouted figures off the top of my head like some posters do.
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    flagpoleflagpole Posts: 44,641
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    bornfree wrote: »
    How many on zero hour contracts though?

    is that a question or a statement?
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    HildaonplutoHildaonpluto Posts: 37,697
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    David Tee wrote: »
    Because the level of borrowing they inherited was astronomical. Fortunately, the level of borrowing now is considerably less than it was then.

    But way out from their own projections at the time.
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    HildaonplutoHildaonpluto Posts: 37,697
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    flagpole wrote: »
    is that a question or a statement?

    I think you mean is that a rhetorical question because I definitely see a question mark there.
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    David TeeDavid Tee Posts: 22,833
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    But way out from their own projections at the time.

    Sure. There's been a full-blown crisis in the Eurozone since then - something none of the parties forecasted.
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    Peter the GreatPeter the Great Posts: 14,230
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    David Tee wrote: »
    Because the level of borrowing they inherited was astronomical. Fortunately, the level of borrowing now is considerably less than it was then.
    So you borrow more to sort it out? What a load of nonsense and what makes you think that the borrowing is now considerably lower?
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