Osborne buries bad news as OBR predicts extra 130,000 unemployed

Green Politics

Ed Miliband's response to the Budget focused on the OBR's downgrading of growth figures. Osborne failed to mention that an additional 130,000 people will be unemployed in 2012.

Ed Miliband’s response to the Budget focused heavily on the OBR’s downgrading of the growth figures from 2.6% last June to 1.7% in the Budget. But Osborne failed to mention a further piece of bad news: the OBR anticipates an additional 130,000 people will be unemployed in 2012.

Table C2 of the June Budget estimated that the claimant count would be 1.5 million in 2011, 1.4 million in 2012, and 1.3 million in 2013. The revised figures in Table C1 of today’s Budget – reproduced below – estimate that the claimant count will be up 40,000 in 2011, up 130,000 in 2012, and up 130,000 in 2013.

Meanwhile, the ILO measure of unemployment jumps 0.2% in 2011, 0.5% in 2012, and 0.6% in 2013.

So much for a Budget for jobs and growth.

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98 Responses to “Osborne buries bad news as OBR predicts extra 130,000 unemployed”

  1. Jens Carr

    RT @leftfootfwd: Osborne buries bad news as OBR predicts extra 130,000 unemployed http://bit.ly/efWFuX reports @wdjstraw

  2. Anon E Mouse

    Simon Landau – As an ex-serviceman I turned down a commission twice because I really am not fond of the elite nature of the officer classes – perhaps Private Blimp may be more appropriate?

    The governments policies are designed to reduce the biggest deficit this country has ever been left with outside WW2 and the blame for that lies at the heart of the Labour Party – they ran a deficit from 2001 onwards whilst telling lies about stopping the economic cycles of capitalism.

    This coalition has also reduced the number of ministerial cars so you are wrong on that point as well.

    You also have no idea if I think unemployment is a price worth paying so please be truthful and do not smear me Simon.

    Like a lot of Labour supporters you don’t like the fact what I’m saying about the stupid union imposed leader on the party is true…

  3. Deborah Jones

    RT @leftfootfwd: Osborne buries bad news as OBR predicts extra 130,000 unemployed http://bit.ly/efWFuX reports @wdjstraw

  4. mohamadu Daouda

    RT @leftfootfwd: Osborne buries bad news as OBR predicts extra 130,000 unemployed http://bit.ly/efWFuX reports @wdjstraw

  5. Nick H.

    RT @leftfootfwd: Osborne buries bad news as OBR predicts extra 130,000 unemployed http://bit.ly/efWFuX reports @wdjstraw

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