However, the sharp rise in vacancies appears to be the result of previous computer under-recording. Nor do the figures for jobs in the economy yet show any rise, although they are less timely, referring only to last year.
It does, though, seem possible that the unemployment figures are benefiting from a shrinkage in the workforce as much as a rise in economic activity. More 16-year-olds are staying on in school. In the South- east, unemployed men may be staying at home to care for the children while the wife continues to work. The unemployment figures are encouraging, but not yet conclusive.Reuse content