Monday, December 19, 2011

CLUELESS ABOUT THE JOBLESS

One of the recurring problems of capitalism is the problem of unemployment, and one of the constant claims of governments is that they can solve the problem. "The number of people out of work in Britain hit its highest level for 17 years, fuelling worries that the economy is heading back towards recession. In the three months to October, the jobless total rose to 2.64m, according to figures released by the Office for National Statistics - 8.3% of the economically active population are now unemployed. Joblessness among 16 to 24-year-olds reached 1.003m, its highest level since records began in 1992." (Sunday Times, 18 December) Like all previous governments the present one cannot deal with the booms and slumps of the capitalist market place that lead inevitably to unemployment. RD

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