Like me, you are probably baffled by the so called official unemployment figures. All we hear is shops complaining or closing, High street suffering, production contracting, public sector and private firms, paying people off, and then out of the blue come those magic figures telling us that unemployment has fallen for the second month in a row. In your daily travels have you noticed this fell-good factor washing over you? Have you started to miss your mates as they all now have jobs and your on your own? Me neither, so where do those magic figures come from, as things get worse, how can they get better? It is of course the usual smoke and mirrors of the state apparatus, giving its crystal ball a wipe or two, selective manipulation of figures. Mind you I wouldn't say that it was government false accounting, after all that sort of thing is more the realm of banks, their friends the corporate world and millionaires.
Here is one explanation from A World to Win, of some of their jiggery-pokery.
Read the full article HERE:Revealed: the harsh truth behind jobs figures
Governments on both sides of the Atlantic have good news on jobs. Apparently. The real story is of people giving up the search for work and young people, in particular, facing a life on the dole.
Figures just out on the UK show unemployment falling by 82,000, and the number of people in full-time work increasing by 44,000 between May to July 2012 and August to October 2012.
In the US, Barack Obama and his administration are celebrating the drop in the unemployment rate from October’s 7.9% to 7.7% in November. At its peak, in October 2009, it was 10%.
Good news? Not for the majority of American or British or European workers.
Look a little closer and you find that the percentage of working-age Americans who are either employed or actively in search of a job was reported as 63.6% for November 2012, two points lower than the previous month and the worst the country has seen since 1978.
