4.6 • 3.5K Ratings
🗓️ 8 June 2022
⏱️ 29 minutes
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0:00.0 | BBC Sounds, Music, Radio, Podcasts |
0:05.4 | Hello and welcome to more or less, you're ever friendly guide to the numbers in the news. |
0:10.6 | This week it seems that 41% of listeners to the programme wrote in to express their lack |
0:15.3 | of confidence in at least one of last week's items, which I think is a convincing, decisive |
0:20.6 | show of support for our leadership. This week we'll deal with your complaints about |
0:25.4 | long billions and wet miles, we'll fact check comedy claims about pyramids. We'll find out |
0:31.6 | what's happening to the life expectancy of British women, and we'll evaluate the probability |
0:37.2 | of identical triplets, a long shot, but perhaps not quite as long as the BBC website asserts. |
0:44.4 | But first, while all the economic talk is about the cost of living with rising inflation, |
0:49.9 | rising energy bills and rising taxes, there has been some good news. Unemployment is at its |
0:56.3 | lowest rate in 50 years. Unsurprisingly, there are plenty of job vacancies too, it's hard for |
1:02.8 | businesses to get the right people. Good news for workers who find themselves very much |
1:07.2 | in demand. It's with this backdrop in mind that loyal listener David Wheeler got in touch to |
1:13.6 | say he'd been puzzled by the contrast between two recent headlines, one from the BBC. |
1:18.9 | Job vacancies outpace unemployment for first time. And one from the spectator. How are five million |
1:26.0 | Brit without work? Yes, that does seem puzzling. One sounds like there are loads of jobs and not |
1:32.0 | many people looking, the other sounds like there are loads of Brit sitting around with nothing to do. |
1:37.4 | Here to help is Louise Murphy, she's an economist at the Resolution Foundation, I think Tank. |
1:42.6 | At first glance, these two headlines seem to contradict each other, but actually when we kind of |
1:48.2 | look beneath the surface a little bit, they are in fact both true because we're looking at |
1:52.2 | slightly different things. So on the one hand, the first headline is looking at the unemployment rate, |
1:58.4 | and that is the number of people who are out of work, but who are actively looking for work and |
... |
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