- Location
- Scottish Highlands
A quick google finds the statistic below, which technically puts the UK unemployment rate at circa 57%, far cry from the official 5% that’s touted. Going by the ONS, only around 43% of the entire UK population is employed.
The 57% will of course include children, retired people, those that have disability’s and anyone else that’s not currently employed for whatever reason. Now of course I don’t advocate sending the children, the elderly or the disabled to work, that’s just silly, but at the current time, the fact remains that only 47% of the population is in paid employment, and in turn the remaing 57% are unemployed.
My point is, the 5% figure that’s touted, is like many statutory figures, is totally irrelevant unless you understand how its calculated.
View attachment 984050
“Payroll employees”. So also excludes self employed.