#UK #employment no.s show the horrendous cost of #lockdown leapfrog and all the other government stupidity during this pan(dem)ic.
Toll on self-employed getting on for 1 in 10
Total, economy-wide hours worked off 9.1%
1/x
#COVID19(33) #ONS
Toll on self-employed getting on for 1 in 10
Total, economy-wide hours worked off 9.1%
1/x
#COVID19(33) #ONS
#private sector #jobs down 422k (-378k ex rail worker shift). Public sector up 143k (+99k ex-rail).
Of the 280k total, 7 out of 8 lost by those starting out in life, 16-24 yo; within which more than 1 in 4 of 16-17 yo jobs gone, "POOF!!"
2/x
Of the 280k total, 7 out of 8 lost by those starting out in life, 16-24 yo; within which more than 1 in 4 of 16-17 yo jobs gone, "POOF!!"
2/x
#redundancies have more than tripled from 106k to 370k, while #vacancies have fallen from 848k to 547k.
This means that everyone newly #unemployed now has 1.5 openings to chase versus 7.7 a year ago. Good luck with THAT!
3/x
This means that everyone newly #unemployed now has 1.5 openings to chase versus 7.7 a year ago. Good luck with THAT!
3/x
Meanwhile, the #claimant count has >doubled, rising by 1.4 million in a few short months.
Those in work now outnumber those looking for it by only ~12:1 v ~27:1 last year. Compared to private payrolls, the ratio has collapsed to 10:1 from 22:1
4/x
Those in work now outnumber those looking for it by only ~12:1 v ~27:1 last year. Compared to private payrolls, the ratio has collapsed to 10:1 from 22:1
4/x
Overall, 942,000 workforce #jobs have vanished, 3/4 of a million in #services.
Survivors' average #wages probably biased up by loss of lowest-paid but, even so, Public sector +4.1% yoy gain clearly outstrips Private's 2.4%.
CLAP! CLAP! 5/x
Survivors' average #wages probably biased up by loss of lowest-paid but, even so, Public sector +4.1% yoy gain clearly outstrips Private's 2.4%.
CLAP! CLAP! 5/x
Keep it up, all you safely-ensconsed #PHE panjandrums & cosily-tenured #SAGE sciencemongers!
A few more rounds of #lockdown & you'll have succeeded in spreading enough pain, misery, poverty plus all manner of physical & mental illness to blight a whole generation's chances
6/x
A few more rounds of #lockdown & you'll have succeeded in spreading enough pain, misery, poverty plus all manner of physical & mental illness to blight a whole generation's chances
6/x
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