evilwebby
Player Valuation: £50m
The employement market is so skewed in favour of the employer it's gone beyond a joke.
A high wage/high cost economy is soon to become a low wage/high cost economy. People are rapidly running out of room to manouvre and hope.
Throw in a complete reluctance from the private sector to spend and a government reluctant public money on almost any type of stimulus and it worries me.
That said I think we'll soon see a big conservative push to stimulate the housing market and a psuedo attack on energy and oil companies to ensure they get back in.
Again, you are WAY off the mark.
The main reason we have high unemployment, especially among low skill workers is the minimum wage law.
The government makes it ILLEGAL to employ anyone for less than NMW. That means that if your productivity is not worth the NMW, an employer isn't going to employ you. That's just common sense. Employers don't have a duty to employ people; they have a duty to make money.
If your productivity is only worth £5ph then you have been priced out of work.
It IS to do with productivity, it's got nothing to do with "fairness".