(, Wed 19 Feb 2014, 12:42, archived)
This time last month, we made a big fuss about the rate of unemployment falling to 7.1%. This month we're saying it's fallen again, but now it's 7.2%. How does that work?
The unemployment rate compares a three-month period to the previous three months. That is to avoid giving too much prominence to a single month's figures. So, the rate has fallen to 7.2% in the three months from October to December, from 7.6% for the previous three months.
Comparing the 7.2% with the 7.1% would be relying too much on a single month's figures. The ONS says what we can read into this apparent anomaly is that the pace at which unemployment is falling has probably slowed.
(, Wed 19 Feb 2014, 13:09, archived)
but what it SAYS is not an explanation. It is BULLSHIT.
Anyway check this:
www.newssniffer.co.uk/articles/742089/diff/2/3
When I read it, and when I posted about it, that explanation wasn't there.
They have also removed the link to last month's 7.1% article from the front page.
(, Wed 19 Feb 2014, 13:12, archived)
unemployment has fallen, but a true reflection of how much it has fallen can only be given once a quarter
(, Wed 19 Feb 2014, 13:18, archived)
they are too keen to publish the good news about how our glorious leaders have secured our economic recovery.
(, Wed 19 Feb 2014, 13:29, archived)
what are you complaining about? they're doing a great job
(, Wed 19 Feb 2014, 13:39, archived)
you need to laugh every once in a while
(, Wed 19 Feb 2014, 14:06, archived)