Bit of fun on a Saturday morning - Youth unemployment

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The self service supermarket – Technological unemployment

Here is a great example of technological unemployment. Tesco have opened their first self-service only shop which requires just one person to supervise five tills.  Critics worry this could lead to massive job losses as the major supermarkets currently employ around 750,000 people. Click read more for some GCSE style questions to go with the article.

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More interactive unemployment data

Following the announcement that unemployment is still rising but at a slower rate, the Guardian have produced a great interactive graph with data on both the claimant count and the LFS dating back to 1971.

Another solution to finding a job

An Italian supermarket has come up with an interesting way to help its unemployed customers. Along with buying your groceries you can enter a lottery, where the prize is a job. This video would make a great starter.

House prices rising but could it all be about to stop?

House prices have been on the rise for the last five months after a disastrous year of falls. The average price of a house in the UK in September stands at £161,816. This figure is £19 higher than this time last year. If we go back to February this year the average house price had slumped to £147,746.

Graduates face a tough job market

Is this what the job market has come to?

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Does money really make the world go round?

This really links well with Innes’ mnemonic today. Innes looked at why GDP is not the best measure of standard of living. So does rising national wealth really make peoples lives better?

Continuing concerns over NEETs

16-18 years olds not in education, employment or training, otherwise known as NEETs are continuing to rise in numbers. In Gloucestershire there are now 599 NEETs a rise of 14% on last year. The West Midlands has the largest number of NEETs in the UK. 

UB40 on unemployment

Unemployment figures released yesterday show a further increase in unemployment to 7.8%. The data below shows that unemployment is at its highest since 1995.

More interactive unemployment data

I am really getting into using all of the interactive economic data on the internet. Today I found this excellent resource on sky news. Pupils can look at job gains and losses across the country. The information also categorises jobs into industries. This would be a great resource for using when studying unemployment. It would also be good for using at the beginning of the course when looking at industry sectors.