Real earnings are still lower than they were a decade ago - the worst figures since 1750. Only Greece has fared worse than the UK.
A fifth of male low-earners are part-timers now, meaning that they get no training and have no prospects of career progression.
So far we have managed and - thanks to the policies introduced by the last Labour government and their continuation by the Tories - inequality has not yet increased. However tax credits and a minimum wage do not solve the problems, they simple address the effects while allowing the real issues to get worse.
The recently launched apprenticeship scheme is a good idea - though it is partly to blame for the drop in graduate jobs, as firms are being forced to take on apprentices, so cannot afford graduates as well. However, if the Brexiteer promises of a free-trade bonanza are to be fulfilled then we need a lot more ideas and we need a strong and stable economy.
It is back to you, Mrs May. Clear out your cabinet (before it clears itself out - Ms Patel being the latest Leaver), sort out what the post-Brexit UK will look like, drop those vanity projects and invest the savings in jobs, and make a deal with the EU. Fast.
The recently launched apprenticeship scheme is a good idea - though it is partly to blame for the drop in graduate jobs, as firms are being forced to take on apprentices, so cannot afford graduates as well. However, if the Brexiteer promises of a free-trade bonanza are to be fulfilled then we need a lot more ideas and we need a strong and stable economy.
It is back to you, Mrs May. Clear out your cabinet (before it clears itself out - Ms Patel being the latest Leaver), sort out what the post-Brexit UK will look like, drop those vanity projects and invest the savings in jobs, and make a deal with the EU. Fast.
No comments:
Post a Comment