Businesses Warn Of Job Losses Threat As...
News1 min ago
Those Sunlit Uplands Revisited
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unemployment is not the issue… the issue is that work doesn’t pay like it did 10-20 years ago… UK earnings have on average been stagnant for more than a decade. Who’s going to work harder when they’re not being rewarded for it and can’t save anything because of soaring living costs?
the reason our economy has so many vacancies is because migration has dropped significantly
the reason our economy has so many vacancies is because migration has dropped significantly
//...the reason our economy has so many vacancies is because migration has dropped significantly//
That doesn't really stack up, though. First of all this:
https:/
"2.1 Work
There were 277,069 work-related visas granted in the year ending March 2022 (including dependants). This was a 129% increase on the year ending March 2021 and is 50% higher than in the year ending March 2020."
I accept that the figures for 2021 and 2020 were obviously skewed by Covid, so the comparison with those years is not particularly useful. But the figure of 277k work visas is considerably higher than the last non-covid year (2019) when 192k were issued:
https:/
The idea that the workforce has been severely depleted because of EU citizens (who did not require visas pre-Brexit) returning home is similarly flawed because the numbers doing so were quite low. Over 6m EU citizens applied for "settled status" to remain her post-Brexit.
You can argue the figures incessantly but the plain fact is that hundreds of thousands of people are arriving here to work when there are literally millions of people who are able to work but are not doing so. That is an unsustainable model and no country will prosper whilst that continues. The country cannot continue to ship in vast numbers of people to do the work that those already here will not do. If, as you suggest, such work doesn't pay for UK citizens, how does it pay for those from overseas, who have just the same living expenses? You cannot suggest on one hand that "work does not pay" but on the other that there are vacancies because migration has fallen.
The UK government has decided that it will not allow low-skilled, low paid people to settle here. Whether you agree with that decision or not, it's a decision that should rightly be taken by the UK government and it should not be bound in such an important matter by EU diktats. There are plenty of people already here who can do such work. What the government must do is to make sure that those people actually work for a living. Work will very easily pay when the alternative is no income.
That doesn't really stack up, though. First of all this:
https:/
"2.1 Work
There were 277,069 work-related visas granted in the year ending March 2022 (including dependants). This was a 129% increase on the year ending March 2021 and is 50% higher than in the year ending March 2020."
I accept that the figures for 2021 and 2020 were obviously skewed by Covid, so the comparison with those years is not particularly useful. But the figure of 277k work visas is considerably higher than the last non-covid year (2019) when 192k were issued:
https:/
The idea that the workforce has been severely depleted because of EU citizens (who did not require visas pre-Brexit) returning home is similarly flawed because the numbers doing so were quite low. Over 6m EU citizens applied for "settled status" to remain her post-Brexit.
You can argue the figures incessantly but the plain fact is that hundreds of thousands of people are arriving here to work when there are literally millions of people who are able to work but are not doing so. That is an unsustainable model and no country will prosper whilst that continues. The country cannot continue to ship in vast numbers of people to do the work that those already here will not do. If, as you suggest, such work doesn't pay for UK citizens, how does it pay for those from overseas, who have just the same living expenses? You cannot suggest on one hand that "work does not pay" but on the other that there are vacancies because migration has fallen.
The UK government has decided that it will not allow low-skilled, low paid people to settle here. Whether you agree with that decision or not, it's a decision that should rightly be taken by the UK government and it should not be bound in such an important matter by EU diktats. There are plenty of people already here who can do such work. What the government must do is to make sure that those people actually work for a living. Work will very easily pay when the alternative is no income.
The hundreds of thousands of immigrants granted work-related visas are not keeping anyone else from working… to get a work visa here you must pass income requirements and demonstrate that you possess in-demand skills…
Most of the uk economy’s vacancies are not located in those sectors. They are located in sectors like hospitality and warehousing which were historically reliant on cheap labour from the EU and do not now pay enough to attract UK workers… those that are found elsewhere are typically because of people choosing to go into retirement early
https:/
“work will soon pay when the alternative is no income”
the topic we were discussing was productivity… and nobody is going to (or should) work harder when their earnings have stagnated for 10 years and have little prospect of increasing and they have no ability to save. Our economy does not incentivise hard work because it does not reward hard work as it did 15-20 years ago… people who made their living in another era frequently fail to understand this but the world now is a different one to back then.
Most of the uk economy’s vacancies are not located in those sectors. They are located in sectors like hospitality and warehousing which were historically reliant on cheap labour from the EU and do not now pay enough to attract UK workers… those that are found elsewhere are typically because of people choosing to go into retirement early
https:/
“work will soon pay when the alternative is no income”
the topic we were discussing was productivity… and nobody is going to (or should) work harder when their earnings have stagnated for 10 years and have little prospect of increasing and they have no ability to save. Our economy does not incentivise hard work because it does not reward hard work as it did 15-20 years ago… people who made their living in another era frequently fail to understand this but the world now is a different one to back then.
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