Pay up, unemployment stable

Discussion in 'Politics & The Economy' started by Bl4ckGryph0n, Aug 15, 2013.

  1. Bl4ckGryph0n

    Bl4ckGryph0n
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    It is not going too bad here in the UK is it...

    Labour Market Statistics, August 2013

    Sure not great figures, but not bad either...Perhaps the coalition is doing things right ;) and are reintroducing nice, steady sustainability....
     
  2. NewMan

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    Meh, facts and figures. I saw an unemployed person once, therefore I believe everyone must be unemployed.

    I've never seen an unemployed person in Germany, however, so I assume there are none. We should be like them.
     
  3. Will21st

    Will21st
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    let's face it,this has to be the most invisible Recession ever... just think back to the 80's and the streets and streets and rows and rows of houses with Boarded up shop windows. Not much on display of that at the moment.

    There isn't much growth right now but our economies have grown so much over the past decades,there'd have to be a very sizeable contraction in order for people to really start suffering.
     
  4. Ruperts slippers

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    Post reported for being silly...:laugh:
     
  5. Will21st

    Will21st
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    sorry to hear you're not doing too well right now.... ;)
     
  6. karkus30

    karkus30
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    We haven't really had one because the Government has upped its borrowing and the interest rate has been artificially lowered. At present it Penalises the prudent. The rate would only have to return to 5% in order for the Government to require a bail out whilst loan owners on variable rate would be struggling to meet the repayments. The economy has unwound a tiny bit, so the recession has been particularly mild unless we look at the headline figures and see why.
     
  7. Bl4ckGryph0n

    Bl4ckGryph0n
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    Lol funny as it is, i got to admit it was a good impression, let's not start and savour the five minutes peace before it goes down into an uncontrollable decent.
     
  8. Will21st

    Will21st
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    Oh yeah,no doubt this is delayed pain and this whole edifice will probably come crashing down around us at some point. That's when the real pain starts, I guess.
     
  9. Bl4ckGryph0n

    Bl4ckGryph0n
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    Yup indeed. I still have s incline to think that spending is too high for many and that the lesson hasn't really been learned yet, and proper cuts still haven't been made yet. And I think unless that is finally happening and the next lot in the power seat don't keep it toned down we will have a much worse situation in ten years time.
     
  10. Will21st

    Will21st
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    most definitely... unfortunately though many people seem to preceive the government as some sort of 'Ersatz-Daddy'....

    government is mother,father and so on... sad.
     
  11. karkus30

    karkus30
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    Powers that be are hoping that won't happen and that it will dovetail into growth. Some believe that's what is happening. The problem is that we have learned to create bubbles. Its entirely possible to sustain a bubble economy for several years before it flashes over. As long as the boat isn't sunk then its still sailing. Keep it on a roughly even keel and make some slow forward progress and the passengers are happy. Its only when the lifeboats are deployed does it get messy.
     
  12. johntheexpat

    johntheexpat
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    Up? Technically I suppose you could argue that if you ignore inflation.


    Wages: UK Workers In Europe's Bottom Four
     
  13. karkus30

    karkus30
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    Pay up......I admit I didn't read the article as I thought it was something to do with a side bet. :) doh.

    Pay is only up amongst civil servants. Private sector are losing fast.
     
  14. Bl4ckGryph0n

    Bl4ckGryph0n
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    Well according to the ons it is up.
     
  15. karkus30

    karkus30
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    Up from where though and in which industries/geographical areas.

    That statistic is too loose. We are in the middle of several bubbles while inflation is at 3% ( that will be a low figure ) and has been at 6% at one point. General private sector wages have stayed roughly static with some 1% pay rises. That means pay has fallen significantly. It may have risen in the last quarter due to the bubble in the housing market and associated building trades.
     
  16. johntheexpat

    johntheexpat
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    Certainly.

    BBC News - UK inflation rate rises to 2.9% in June

    Pay is up, inflation is up, buying power is down.
     
  17. travid

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    Thats an odd thing to say about civil servants/public sector? Our pay freeze is in its 4th year
     
  18. karkus30

    karkus30
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    So is my wife's and she has had a pay cut in the public sector. However, that isn't true everywhere. Public sector pay has risen, but by grade changes within the service itself and progression pay. So, when the service was chopped it was an opportunity to advance employees up the grading structure, plus progression pay within the bands. You don't get progression pay in the private sector.
     
  19. travid

    travid
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    Yes, understand your post now, thank you.
     
  20. karkus30

    karkus30
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    Your welcome, particularly as you are so polite.:)
     
  21. Bl4ckGryph0n

    Bl4ckGryph0n
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    We could play this all day long, according to that article buying power wouldn't be down if you were to fly away...So it all depends what you spend your money on, but I agree in accordance with the RPI yet it can be...Still, pay is up which is a good thing to those receiving it, not so good to those paying it like myself (not that I have :devil:) :smashin:
     
  22. SNIPIT

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    Pay in my Local Authority has gone down, its true they moved people up the pay grades, however they also took opportunity to scrap unsocial hours pay, so every shift worker its flat basic pay, be it Saturday, Sunday, Bank Holiday Christmas etc. I dont see that to be the case in the Private Sector through the experience of family friends, overtime unsocial pay is all the rage etc.
     
  23. Squiffy

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    I have never been paid overtime in my whole career. Not even standard pay, let alone any enhanced rate.

    This year has been relatively light on the unsociable hours though. Only six weekends, including three overnight shifts from midnight Friday that ran well into saturday afternoon.

    I'm writing this while on holiday. Only had to respond to seven emails today, so quite good. Not looking forward to having to step out from one of my childrens birthday festivities tomorrow for a half hour meeting tomorrow. Oh, and log on for at least an hour to do some reports and other updates.

    Overtime unsocial pay all the rage? As if.
     
  24. karkus30

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    Thanks from confirming that to be the case.

    Private sector workers are paid according to the market.
     
  25. mitchec1

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    The wife works for a certain police force (civilian staff) and still gets a shift premium of 11% and then gets paid extra for Saturdays and Sundays. Bank holidays they either get paid time and a third or if they take a day of their card double time. With 40 days leave not a major impact either way.

    So not all public sector staff are losing or have lost this yet I know people in other government departments who get similar but the numbers getting smaller.

    My shift pay is a lot simpler an extra £700 every 4 weeks for being on shift. £2.54 for every Sunday and then double time for boxing day .
     
  26. SNIPIT

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    We have external recruitment problems now, people dont want to do that sort of work for the pay the ones that do wont meet DBS requirements though they will end up in the Private Care Sector barring the most extreme records, 4 months overdue setting up a Home treatment team due to recruitment, Markets, people suffer as a result I believe that to be callous.
     
    Last edited: Aug 15, 2013
  27. stacker

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    Private sector here, Monday-Friday overtime paid at 1.25x, Saturday paid at 1.5x, Sunday paid at 2x (guaranteed 15 hours even if I work 30 minutes), night shift paid at 1.5x after 10pm and guaranteed to be paid full shift of 8 hours as long as it goes later than 1am, Bank holidays paid at 3x with a guarantee of 22.5 hours paid ( I can work 30 minutes or 7.5 hours and get paid the same 22.5 hours) any longer than 7.5 hours and it is still paid at 3x.
     
  28. Squiffy

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    All I can say is you are very lucky.

    What do you work as? All I can imagine it is an ex publicly owned utility or similar to have that sort of deal.
     
  29. karkus30

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    Sorry, what's callous ?
     
  30. SNIPIT

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    Indifference to suffering.
     

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