Fraser Nelson

Brown’s job vacancies are dwindling

Brown's job vacancies are dwindling
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In PMQs today Gordon Brown said there are 500,000 vacancies in the economy - a revision from his recent 600,000 claim. But this morning's unemployment data show that even this is out of date. The number of vacancies is collapsing way below the half-million mark - so these British jobs are becoming even more scarce. The trajectory of unemployment so far the sharpest since the war. Monthly data for the Great Depression just doesn't exist, so Balls may be right after all. Here is the graph, from Citi, showing the full horror story:

Written byFraser Nelson

Fraser Nelson is the editor of The Spectator. He is also a columnist with The Daily Telegraph, a member of the advisory board of the Centre for Social Justice and the Centre for Policy Studies.

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