Unemployment Figures Fiddled. Another Tory Spiffing Wheeze! Here are some details: This is aside from the dire effect sanctioning - for the most trivial of reasons -has on those ordinary people concerned, of course (please read the full article). They have also massaged the headline unemployment rate by basing it on a sample of just 41,000 or 0.16% of the population which is statistically meaningless. There seems no limit to Tory mendacity, but this one is certainly going to be nailed. There has been great puzzlement in economic circles at the plunging drop in the unemployment figures over recent months from 7.8% to 7.1% which was far bigger than might be expected from the state of the economy and the very low level of labour productivity. It even caused consternation in the Bank of England where the governor Mark Carney was forced to revise his ‘forward guidance’ which had been based on raising interest rates when the unemployment level fell to 7%. It now seems this enigma can be explained. The government has adopted the utterly dishonest practice of excluding from the claimant count all those persons who have been sanctioned. Thus the abrupt fall in the claimant count is explained by the scam of regarding all sanctioned persons as no longer seeking work, though they clearly are. What makes this wheeze even more contemptible is that the Office of National Statistics, set up specifically to verify the accuracy of official statistics, is being denied information by DWP about the impact of sanctioning on the unemployment figures. It seems that the Tories, having under Thatcher concealed the true levels of unemployment by re-classifying hundreds of thousands as ‘disabled’ instead – a classification from which they are now removing them by having Atos re-classify them back again as ‘fit for work’, have now concocted another fraudulent way of reducing the figures to burnish the Osborne recovery-that-never-was. michaelmeacher.info/weblog/2014/03/government-fiddles-unemployment-figures-by-classifying-all-people-sanctioned-as-having-left-claimant-count/
Posted on: Fri, 23 Jan 2015 21:44:08 +0000
Trending Topics
Recently Viewed Topics
© 2015