I was reading a BBC article this morning after the official figures pronounced that UK unemployment rose by 48,000 to 2.67 million in the three months to December. This is 8.4% of the UK working population, however if you are between 16 to 24 years old the figure is an incredible 22.2%.
What strikes me is that this is a peak as high as it was 17 years ago, however, what astounds me more is the claimant count difference.
19 years ago in December 1992 the number of claimants for unemployment benefits was the same as the number of unemployed at 2.93 million. At December 2011 there were only 1.6 million claimants out of 2.67 unemployed.
Clearly the system has changed so that the missing million are no longer eligible to claim this benefit. How do non-claimants survive?
I realise that other benefits have “replaced” the missing million, but as a person who is technically unemployed (I no longer work although I do not become a pensioner for another month) I do realise that the statistics do not reflect the reality.
I do not get measured as unemployed and I am not eligible for any benefits as I have a wife who works.
I wonder what the real figures are?