{"id":25714,"date":"2014-08-13T13:53:30","date_gmt":"2014-08-13T12:53:30","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=25714"},"modified":"2014-08-13T13:53:30","modified_gmt":"2014-08-13T12:53:30","slug":"jobs-what-jobs","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/08\/13\/jobs-what-jobs\/","title":{"rendered":"Jobs, what jobs?"},"content":{"rendered":"<p>This is from the<a href=\"http:\/\/www.bankofengland.co.uk\/publications\/Documents\/inflationreport\/2014\/ir14aug.pdf\" target=\"_blank\"> Bank of England Inflation report<\/a> issued this morning:<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2014\/08\/Screen-Shot-2014-08-13-at-13.49.22.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-25715\" alt=\"Screen Shot 2014-08-13 at 13.49.22\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2014\/08\/Screen-Shot-2014-08-13-at-13.49.22.png\" width=\"414\" height=\"466\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2014\/08\/Screen-Shot-2014-08-13-at-13.49.22.png 518w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2014\/08\/Screen-Shot-2014-08-13-at-13.49.22-267x300.png 267w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2014\/08\/Screen-Shot-2014-08-13-at-13.49.22-200x225.png 200w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2014\/08\/Screen-Shot-2014-08-13-at-13.49.22-117x132.png 117w\" sizes=\"auto, (max-width: 414px) 100vw, 414px\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: left;\">Unemployment has fallen to 6.4%, but look at the trend: most new jobs are in low and medium skilled employment.<\/p>\n<p style=\"text-align: left;\">Now wonder <a title=\"Recovery, what recovery?\" href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2014\/08\/13\/recovery-what-recovery-2\/\">wages are falling<\/a>.<\/p>\n<p style=\"text-align: left;\">Now wonder <a title=\"Growth, what growth?\" href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2014\/08\/13\/growth-what-gropwth\/\">growth feels illusory<\/a>, and is expected to fall.<\/p>\n<p style=\"text-align: left;\">This is a hollowed out economy where subsistence is the best that the government can offer, and with changes in the social security system it is doing its best not to do that.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>This is from the Bank of England Inflation report issued this morning: Unemployment has fallen to 6.4%, but look at the trend: most new jobs<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/08\/13\/jobs-what-jobs\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-25714","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/25714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=25714"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/25714\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=25714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=25714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=25714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}