The one chart that tells you everything you need to know about the UK economy

Change in Employment since 2008 Construction and Estate Agents

Hard to know where to start with this. Since 2008, construction has lost 277,000 jobs and estate agents have gained 77,000. The housing crisis is only going to get worse. The economy is not rebalancing towards sustainable growth. Employment is miles away from recovering. I’ll write more on this once I’m able to digest how terrible this is.

The data comes from the Labour Market Statistics September release, JWS2 versus JWS8 change against the 2008 Q1 figure. I’ll write more on this later. Hat tip to Laura Kuenssberg.

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