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I work in IT and it is littered with low paid Indian workers, i welcome them however not at the expense of our own labor force. Usually it takes me 2-3 weeks to get a new job, it's taken me 12 months and its not just me it's friends and colleagues, Linked in is littered with people with the looking for work label on their profile.

If United Kingdom moves to Canada, Canadian healthcare would be in better condition because United Kingdom is educated unlike America

I’m sensing a trend in this channel’s content.

Well the only problem is that with the current rise in employers' national insurance employers pay less so I decided to go self-employed. They can sod off with peanuts salaries. Labour voters should be working for those salaries.

Sasha, Will the US follow into recession?

These big employers whining about the employment rights bill have some nerve. Next, which is threatening job cuts or new hiring, made £1 billion in profits last year...

Who do they employ in the ONS. A well trained gorilla would make less frequent changes than the ONS has been making.

A tax on jobs has led to a reduction in jobs 😂 Whoever could have predicted this 😂

It would be interesting if companies are suddenly more interested in appropriately classifying their contractors IR35 status now that there will be a benefit for them when only a few years back they didn't give a toss about screwing them all over for their own convenience 🙄Maybe contracting will become viable once again?

ONS has some very political leadership ...

After fifty years of wage stagnation, why aren't you calling this a catching up process?

Sasha seems to have something of a fixation on the UK. What structurally is the difference between the present day and what the Tories left behind six months ago? Who says the real desire is to "fix the economy"? Starmer is in the pocket of the Tony Blair Institute and it's Tone who wants the shift to AI.

The economy was contracting by the end of the second quarter last year i.e before the budget. We have structural unemployment and have done since 1976 when Full Employment was abandoned as government policy. The headline figure for unemployment benefit is 1.7 million but there are at least another one million out of work who don't claim unemployment benefit either because they have too much in savings, the stigma or don't want to go to the Job Centre every day which is the rule after six weeks. No one ever discusses the total number of job vacancies on the side of the ledger: 818,000 at the last count. So clearly not enough work for all those who need it despite the endless rhetoric about "people living on benefits". The figure for the quarter before that was 841,000 so there's not really much here that can be attributed to Reeves. It's all just a continuation of the same old neoliberal BS

The ‘ten years later’ change in figures maybe just because the figure hadn’t been changed enough times! 😂

The UK is f***ed channel

Doomerism

Thank god we have Rachael from the front desk to lead us through this crisis not of her creation. They have to be doing this deliberately, no one is this incompetent.

Devaluete the pound. Problem solved, just imports will get 'slightly' more expensive. It is basically what Greece had to do, which did cost the Euro zone a whole lot of problems.

Don’t worry - AI agents and humanoid robots to the rescue 😅

The UK is going into a death spiral

That´s a good news. Simulation is breaking down. Scotland will get independence and join back to EU.

The amount of University jobs that are being cut is also insane

How about government jobs? Are they going up with this government hell bent on increasing the state size and presence?

Wages are not really growing in the UK though, they've been basically stagnant since the 2008 crash. If you look on most job boards, the salaries, if anything, are going backwards and not forwards. Most industries are barely even giving their employees 1% pay increases come annual reviews, many of them have been freezing pay. The only notable increase has been to the minimum wage. With the NI and tax changes, I can't see things getting better any time soon.

they ran a fake 0.5% interest rate for 15 years. this economy is over.

great channel ! straight to the point

NI.

The UK is F’d. You all need to elect new leaders and jail the current ones.

tdlr"?

This is a Russian bot site..

Okay I'm a fan and like to hear your analysis, but as someone who literally works in the ONS I feel I need to correct your little tirade: Firstly, RTI Payroll Data is "official statistics in development" i.e. experimental, jobs data is to be used together with Work Force Jobs, Labour Force Survey etc estimates, rather than as a standalone measure. Also, data are revised that far back due to many reasons, including changes in estimates of population, changes in imputation, changes in methodology. This happens more frequently and with greater variability with statistics that are in development. If you bothered to read the appendices you'd know this....

Do you think aging population and low birth rates is part of this issue as well?

IR35 ended the self-employed contractor market.

Leftists always destroy the economy. Every time.

hey sasha, i watched that video last night and you might like it, i felt sorry for her, she takes on UK Taxes. her channel calls Edukate and the name of the video is" THE UK IS DYING AND I NEED TO VENT" have a look if you are interest.

Uk gov needs to cut spending not raise tax as they can't get much more.

Why do I not care very much? Possibly because I've never had a job since I was 23 or so, 40 years ago. Jobs are a bit shit: from 4 decades ago, I remember looking at the clock, thinking: gah, hours to go. HOURS to go. Not having a job hasn't stopped me becoming comfortably well-off, no mortgage on detached house in London, money in GIAs (because each year I'm maxed out on ISAs and pensions by the end of April), etc.

DB pensions lost £700b over the past two years. 100s of thousands less people paying into the schemes means more money being withdrawn than deposited. It’s a doom loop

We are in a per capita depression. Every new person that arrives is another mouth to feed, another body to house, keep warm and provide health care.

Were ducked

Dunno if you've worked this out yet or not but the entire government apparatus is geared towards propaganda and the separation of powers is nothing more than an illusion. They are constantly manipulating the public and driving a narrative. They're doing the same all over the west. We've been targeted for destruction. A slow grinding attrition.

Why nobody is talking about how many want to be workers has no tradeable skillsets whatsoever? Many people just want to get paid for showing up at work on time. Even those who shows up many just wobbly around knowing they cannot just simply dismissed.

By sasha metric we should be all in caves by now

Lost my job in redundancy now actively applying with jobs with 5 years experience and hearing nothing!!!

You been very disingenuous and dramatic the uk government doesn’t want growth they want corruption and wealth generation the uk is an island that’s one job is the seconds worlds bank nothing will change just the same with means we get poor over time if you don’t have assets

I’m going freelance next month. Hopefully not a terrible decision going into the impending recession lol.

Lower rates = higher inflation, therefore prices go up and people have less money to spend so more job cuts especially in service sectors. Seems both ways doomed.

The graph will be a hockey stick come April.

Limited companys employ people ,only sole traders dont have to pay

We have a hard left government in power and the economy is starting to tank. Why would anybody be surprised by that?