Monday, December 18

600,000 Jobs to go in Public Sector UK

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However David Cameron has said that under the coalition government unemployment in the UK was “expected to fall year on year under this government.

Documents have been leaked from the Treasury Department that suggest last week’s budget (June 22 2010) would see unemployment rise to the tune of an extra 1.3 million.

But Cameron’s coalition has promised “There are going to be more people in work. Like every Labour government, they left us with unemployment rising and we will be at the end of this Parliament with unemployment falling.”

As I write this disturbing report in June 2010 it will be interesting to see exactly how much truth will emerge from it. Will we see jobs rise in the unemployment figures to the amounts of 3.3 million. I doubt it as the jobs figures have been so heavily massaged in years gone by (by both Tories and Labour governments) that the true figure never really emerges. Students, people under 18, people in voluntary work, dependants of economic migrants etc.,  the list just goes on and on of the sectors of people who are not included in the figures that some quarters are suggesting could be as high as 5 million.

There are claims that the Chancellor would have been well aware of the claims that so many jobs would indeed be lost as a result of the document but chose not to mention this.

A Treasury spokesman said on June 29 that the department could not immediately confirm or deny whether the slide was genuine.

Chancellor Osbourne had announced a 25% cut in all departments except health and  foreign aid.

The government is predicting a growth of 2.5 million jobs in the public sector by 2015 but given the reduction in the availability of government contracts and the likely fall in public spending as a result of the austerity measures the TUC have described this statement as ‘absurd’

Well let’s see who is right and wrong. It’s July 2010 as I write this report. On June 16 2010 the unemployment rate stood at 7.9% – up 0.1% over the quarter and 0.6% over the year. 28.86 million people were in work in the period February to April according to the labour force survey (LFS). The number of people employed was up by 5,000 this quarter but down by 213,000 from last year.

Let’s review this again in July 2011 and July 2012 and decide if the coalition cuts are good for Britain or bad.

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