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Today reminds me of the article I wrote on the second of April where I was worried about the spectre of mass unemployment. It turns out that I was right on two counts. We have plunged into a type of economic depression but as I warned then we have had a fair bit of trouble with the way it is measured.
However the numbers will need some interpreting because it looks as though those who are “furloughed” will continue to be counted as in employment. Personally I think it would be better if a new category was created.
Sadly the International Labor Organisation has continued with a standard that has turned out to be about as useful as a chocolate teapot.Let me explain with reference to the latest UK figures from this morning. ....

United Kingdom , Shaun Richards , International Labor Organisation , Yes Prime Minister Jim Hacker , Claimant Count , Starship Enterprise , Maxine Nightingale , England Agents , Zero Hours Contracts , ஒன்றுபட்டது கிஂக்டம் , ஷான் ரிச்சர்ட்ஸ் , சர்வதேச தொழிலாளர் ஆர்கநைஸேஶந் , ஆம் ப்ரைம் அமைச்சர் ஜிம் ஹேக்கர் , ஸ்டார்ஷிப் நிறுவன , அதிகபட்சம் நைட்டிங்கேல் , பூஜ்யம் மணி ஒப்பந்தங்கள் ,