I was reading today that 1 in 3 houses in Liverpool have no employment. Some people survive on £20 a week net of ‘fixed costs’.
This bit surprises me.... having just returned from 4 weeks in Liverpool, it certainly did not look that depressed to me. The pubs were doing well, the resturants seemed to be OK, even with meal prices quite higher than the US, and lots of fancy phones and electronics everywhere. The places that looked bad a few years ago were now getting fixed up - as an example Princes Rd. looked better than before - less boarded up houses.
The 33% unemployed must be getting a fair amount from the govt. or the famous Liverpool underground (unreported, untaxed) economy is much larger than I thought...




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