The British economy’s long bath


Brilliant piece! – I’m sick to the back teeth of Tories spouting off facts and figures that only suit themselves – it’s been blatantly obvious to anyone – especially those seeking work – that the ratio of jobs out there, are by far zero contract, self employment, or part time. These charts SHOW what is really happening.

I’m now wondering if the General Election will be brought forward? …lump the blame on the next government, when declarations are due in come January?

Flip Chart Fairy Tales

This was a watershed month for the UK’s slow recovery, with a number of things finally getting back to where they were before the recession. In July, GDP, the employment rate and the number of full-time jobs edged above 2008 levels. The FT did a celebratory piece this weekend with some great charts from Chris Giles.

When you look at the per capita figures, though, things don’t look quite so good. The population has risen since 2008, so, once you divide it up, 2008’s GDP doesn’t go as far.

Screen Shot 2014-07-28 at 12.55.28

The employment figures tall a similar story. The rate might be back where it was before the recession but the net increase in jobs has been almost entirely due to part-time and self employment.

Screen Shot 2014-07-28 at 13.01.40

As Michael remarked:

Put plainly, what it shows is that the recovery of the employment rate to previous levels has been driven entirely by growth in numbers of people who…

View original post 558 more words

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