UK Employment Falls.......... As reported on BBC et al

Employment and unemployment are two separate things.
You can go from employment to being economically inactive without signing on. If you have savings there is no point trying to get universal credit. Therefore it may be an early indicator of unemployment, but will be a better sign that there will be less tax collected.
 
Employment and unemployment are two separate things.
You can go from employment to being economically inactive without signing on. If you have savings there is no point trying to get universal credit. Therefore it may be an early indicator of unemployment, but will be a better sign that there will be less tax collected.

You are right
The reports go on to say those seeking work are much higher than the numbers reported in the ‘employment falling’ confusing nonsense.
 
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