Cabinet member suggests unemployment of 2.6million is “good news”

Energy Secretary Ed Davey is under fire after implying that unemployment of 2.6million is “good news”. To make matters worse, Davey made the statement in the North East – one of the areas hit hardest by the recession.

According to the Newcastle Journal, Davey said:

“What has been good news is how the labour market has reacted, how unemployment has reacted…We have not seen the big increase in unemployment that many people predicted.”

Classy stuff from Ed Davey – considering unemployment in the North East stands at over 11%. Do’t congratulate yourself just yet…