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Quote: DaveO "The minimum wage graph is wrong and also misleading anyway.

At today's exchange rates $10.00
If you re-read it you'll see that it's talking about daily unemployment benefits not hourly minimum wage. Its also in PPP dollars not US dollars so the exchange rate is irrelevant.

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Quote: Ajw71 "Great news hey Sinbinners....

Of course it is, and not before time either.

The only slight problem with this, and its not to be dismissed because of it, is that the service sector in the main employs a huge number of agency staff on a casual basis especially during times when the employer calls the shots - its only when the imbalance tips towards the employees that contract conditions improve.

I have some experience of this being as my job involves a lot of liason with all of the UKs major staffing agencies and I visit such offices frequently - currently the bog standard service industry jobs like warehouse picking and FLT operators are still (in the main) on low or zero hour contracts, agencies can pull in as many candidates as they need to fill these posts at the moment, one sector that is currently in demand is HGV drivers, I confess to not knowing what the grades all represent but I was in a recruitment office the other week that specialises in placing drivers in companies and they had three agents ringing dozens of drivers phone numbers who were registered with them trying to get them placed in a contract for a major retailer, during the two hours I was in that office I only overheard them get one candidate to accept the rate and conditions they were offering, all of the others were either currently working or knew of better offers - thats the point at which ordinary working people (and not statisticians) will start to notice that this five year long recession is coming to an end.

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Quote: JerryChicken "Of course it is, and not before time either.

The only slight problem with this, and its not to be dismissed because of it, is that the service sector in the main employs a huge number of agency staff on a casual basis especially during times when the employer calls the shots - its only when the imbalance tips towards the employees that contract conditions improve ...'"


And there is, in general, an increase in zero-hours contracts at present.

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An Economist friend of my son's says the present signs of recovery are akin to a surgeon just about managing to stem the blood flowing from one bullet wound, when the patient has been shot with a machine gun.

He reckons that, barring a full scale war with us staying neutral, it will take 17 years, maybe longer, before any sense of normality returns, especially for the poorest in society. He went into a load of facts and figures as to why this is but my brain couldn't absorb them.

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Quote: Ovavoo "An Economist friend of my son's says the present signs of recovery are akin to a surgeon just about managing to stem the blood flowing from one bullet wound, when the patient has been shot with a machine gun.

He reckons that, barring a full scale war with us staying neutral, it will take 17 years, maybe longer, before any sense of normality returns, especially for the poorest in society. He went into a load of facts and figures as to why this is but my brain couldn't absorb them.'"


I think Cameron himself has been quoted using 2020 as a turning point hasn't he ?

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Quote: JerryChicken "I think Cameron himself has been quoted using 2020 as a turning point hasn't he ?'"



I'm not sure if he did but when you consider what happened in the 1920's to the end of the 30's and then from mid 70's to the end of the millenium, we would appear to be in deep poo for some time to come. Just wonder where it's all going to end up.

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