Figures that show scale of Chancellor's failure

“The figures speak for themselves*” said UNISON Chief Dave Prentis today as the union revealed a yawning gap between Osborne’s 2010 Budget forecast and today’s economic reality.

The figures show that the George Osborne’s growth projections have been drastically revised downwards. So the economy will be weaker, leading to big downward revisions in Gross Domestic Product.

Dave Prentis said:

“The Chancellor has failed to deliver on nearly every target he set himself in 2010 and now he is failing the country further.

“Osborne’s plans for low inflation and falling unemployment are unraveling in the face of figures this week showing inflation and unemployment rising.

“Less economic activity means less money collected in taxes. So planned Government income from corporation tax, income tax and national insurance are all revised downwards. Less income will fail to close the budget deficit, so the nation’s debt goes up.”

*And these forecasts demonstrate that a credible plan to cut our budget deficit goes hand in hand with a steady and sustained economic recovery, with low inflation and falling unemployment.” George Osborne 22 June 2010

New research by UNISON exposes depth of jobs crisis

New analysis by UNISON, the UK’s largest union, shows that on average there are almost four people chasing every vacant job in England, Scotland and Wales.

Some areas are far harder hit. In 113 local authorities there are five or more jobseekers for every job vacancy. In 26 of those 113 local authorities there are more than ten jobseekers chasing each vacancy.

London is one of the worst hit regions. In nearly a third of London’s 32 boroughs, there are more than 10 unemployed people pursuing every job. In Hackney there are more than 20 claimants for every vacant job.

More than 500,000 public sector jobs have gone since the coalition came to power, and experts predict that the toll could reach 1.2 million by 2016/17.

The number of people claiming JSA is less than the total number of unemployed in each local authority area – making the pressure on available jobs even greater.

The research exposes the damaging scale of the jobs crisis and the urgent need for a bold strategy for growth and jobs in the forthcoming budget (20 March).

Dave Prentis, UNISON General Secretary, said:

“The scale of the ongoing jobs crisis is deeply worrying. Three long years of cuts – with more to come - and still there are not enough jobs to go around. The government has got it wrong on the recession and it has sacrificed our recovery. As well as laying waste to our public services, cuts have a stranglehold on the private sector.

“The government does have a choice. Use the budget to outline a bold strategy for jobs and growth. Make people feel secure in their jobs and they are more likely to spend. Give public sector workers a decent pay rise and more money will flow through tills in local shops and businesses, helping our beleaguered high streets.

“The most damaging thing the government could do is to plough on regardless with its reckless anti growth, no hope, cuts strategy.”

Key findings:

In 26 local authorities, more than ten or more Job Seekers Allowance (JSA) claimants are chasing every vacant job.

In another 87 local authority areas there are between five and ten unemployed people chasing every job vacancy.

In a further 108 local authority areas there are 3 or more but less than five JSA claimants for every unfilled vacancy.

In 10 of London’s 32 Borough’s there are more than 10 people chasing every vacancy.

In every local authority in the North East there are more than five people chasing every job vacancy.

The hardest hit area is the Isle of Wight where for every vacancy there are 23.7 people on Job Seekers Allowance.

*NOMIS is the Official Labour Market website for the National Office of Statistics. The figures are for JSA claimants per unfilled jobcentre vacancy https://www.nomisweb.co.uk/