Please describe your concerns with this comment. If you simply wish to respond to the comment please use the Comment Box on the story itself:
Phil The latest unemployment figures for Guernsey which I received yesterday from the Social Security department are reproduced below. To my recollection there were 70 people including part time employees who lost their jobs when HMV lost LVCR. And about 120 overall because of the loss of LVCR, of course some of these will be second jobs done by people, so they would not have all become “unemployed” I think that answers your question. There were 409 people unemployed at the end of December, an increase of just 1 on the November figure. This represents 1.3% of the working population. At the end of December last year, the number was 367. A further 154 people were registered as unemployed but had some earnings during the week. This included people in part-time or casual employment as well as some people fully employed but eligible for supplementary benefit on top of their low earnings. There were a further 29 people on training schemes. Your other comparisons you make are totally irrelevant to Guernsey, which to me is the only jurisdiction that matters. I have no idea what the unemployment figure might be by the end of 2014, my information on the state of the Guernsey economy comes from regular meetings around the Policy Council table where the Treasury Minister and other Ministers give us regular updates on what is going on, that feed back comes from talking to business leaders and others, together monitoring all the other performance indicators such as Social Security and Housing figures on the demand for short term licences and at present that is the evidence that I base to “back up” my comments on, not the doom and gloom finger in the air predictions made by some on here.