Friday, August 19, 2011

The labour market

Just been listening to Peter Lilley on Radio 4 explaining why we need to force the workshy to get jobs.

Good luck with that.

Update: I should have included my data source. From the Office for National Statistics, select option 21.1 (Vacancies and unemployment). Then data series AP2Y is total UK vacancies, MGSC is seasonally adjusted LFS unemployment among those aged 16+, and JPC5 is the ratio (excluding agriculture, forestry and fishing for a reason that escapes me – perhaps there are a couple of million lumberjack vacancies that could save the day). Thanks to CH and friends for reminding me to add this.

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