If you’ve got a ‘proper’ job, hang on to it
Unemployment is down. Good news, of course. But there’s always a cloud attached to a silver lining. An astonishing1.5 million of us are actually officially in jobs we don’t want, temping while we look for something better; a version, I would say, of hidden unemployment. Chances are they are also in work way below their qualifications, let alone aspirations, and not adding much value to the economy.
Second, long term unemployment has breached the three-quarters of a million mark, and getting people back to work is notoriously difficult, especially as our “jobless recovery” progresses.
Third, youth unemployment remains stubbornly high – 35.9 per cent for 16-17 year olds. And we all know how many public sector workers are about to get the chop – 600,000 plus according to government leaks.
If you’ve got a “proper” job, hang on to it.Tagged in: recession, unemployment
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