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Unemployment Up, No Down, No Up


Mr Shoe

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hurrah

 

http://www.iomtoday.co.im/news/Number-of-u...alls.5168547.jp

 

but just to be a pessimist....

 

http://www.gov.im/treasury/economic/data/unemployment.xml

 

read the pdf - unemployment dropped by 33. however, 22 of those were people requiring work permits and 18 were claiming credits only.

 

quite an impressive swing in those two groups, wouldn't you agree (around 40%)? did unemployment come down, or did the dhss tighten the rules in order to make unemployment LOOK like it came down. the numbers of genuine people becoming unemployed actually went up slightly.

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does needing a work permit make you not genuinely unemployed?

 

you missed my point. "genuine" was a bad choice of word.

 

don't you find it odd that the apparent "drop" in unemployment is made up almost entirely out of that group? are you telling me half the work-permit-seeking unemployed just decided not to bother claiming any more?

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