asterisk2a + apprenticeships   43

'Northern powerhouse' depends on productivity not rail links: thinktank | Business | The Guardian
In this post-referendum vacuum, Carney alone can't save the UK economy - Getting productivity going again will require more investment in innovation and our universities. It means more help for businesses that want to update their production lines, overhaul their IT systems or retrain their staff. Productivity will only improve if the UK addresses its skills shortages with sensible immigration policies and with better training. In an age of economic insecurity, training is key if the march of the robots is not to further exacerbate inequality. Similarly, the UK must get serious about moving to an apprenticeship system that has parity of esteem. - http://bit.ly/29cCmtq
Northern  Powerhouse  Brexit  apprenticeship  apprenticeships  UK  recovery  productivity  productivity  gap  output  gap  economic  history  Manufacturing  household  debt  consumer  debt  student  debt  City  of  London  George  Osborne  Policy  underinvestment  STEM  skills  gap  skills  economy  skills  shortage  structural  unemployment  long-term  unemployment  working  poor  Service  Sector  Jobs  Precariat  Gini  coefficient  inequality  poverty  child  poverty  austerity  infrastructure  investment  London  economies  of  agglomeration  competitiveness  comparative  advantage  competition  competitive  competitive  advantage  global  economy  globalisation  globalization  DWP  Iain  Duncan  Smith  GFC  Steel  Crisis  Steel  Industry  energy  price  University  Germany  education  education  bubble  AI  automation  Robotics  Robots  autonomous  car  self-driving  cars  autonomous  cars  augmented  intelligence 
july 2016 by asterisk2a
The Incredible Shrinking Middle Class - YouTube
Canada: Generation Jobless - https://youtu.be/4UUuMWqA8eE - "The Plight of Younger Workers" (Report).& underemployed graduates w fancy sounding degrees. [...] EDUCATION INFLATION! [...] an education does no more guarantee a comfortable middle class jobs, and parents are disappointed. [...] globalisation of workforce plus automation, robotics, AI, augmented intelligence. the new GM's and Toyota's and DuPonts need less and less workers to catch ever greater pies of the current and future economy. [...] rise of the project focused self-employed and the Gig Economy. //&! (USA) Invisible Reality; The Working Poor - youtu.be/806PSngTKgg //&! FULL STORY: Generation Poor - youtu.be/lB4w8MQPdEE //&! FULL STORY: The Labour Trap - youtu.be/cHBo3LgXUPA - precarious work is now more and more the norm. as well as exploitation of those conditions.
squeezed  middle  class  working  poor  Precariat  precarious  employment  precarious  work  Zero  Hour  Contract  part-time  part-time  employment  underemployed  underemployment  structural  unemployment  overqualified  overqualification  social  mobility  income  mobility  western  world  USA  secular  stagnation  GFC  economic  history  Student  Loan  Bubble  debt  loans  youth  unemployment  demographic  ageing  population  Canada  OECD  low  pay  globalisation  emerging  middle  class  automation  Robotics  Robots  AI  artificial  intelligence  augmented  intelligence  self-driving  cars  autonomous  car  autonomous  cars  linkedin  IBM  Microsoft  Facebook  Instagram  WhatsApp  Oracle  Google  temporary  work  babyboomers  Baby  Boomers  self-employment  Gig  Economy  1099  Economy  Higher  Education  internship  apprenticeship  apprenticeships  exploitation  profit  maximisation  profit  maximization  shareholder  value  capitalism 
june 2016 by asterisk2a
Waiters And Bartenders Rise To Record, As Manufacturing Workers Drop Most Since 2009
On the surface, the March jobs reported was better than expected... except for manufacturing workers. As shown in the chart below, in the past month, a disturbing 29,000 manufacturing jobs were lost. This was the single biggest monthly drop in the series going back to December 2009. But not all is lost: as has been the case for virtually every month during the "recovery", virtually every laid off manufacturing worker could find a job as a waiter: in March, the workers in the "Food services and drinking places" category, aka waiters, bartenders and minimum wage line cooks, rose again to a new record high of 11,307,000 workers, an increase of 25K in the month, offsetting virtually all lost manufacturing jobs. This is how the two job series have looked since the start of 2015: 24k manufacturing jobs have been lost in the past 14 months compared to an increas of 365K food service workers.
UK  USA  job  creation  Manufacturing  industrial  policy  competitiveness  competitive  Service  Sector  Jobs  minimum  wage  low  pay  low  income  productivity  productivity  gap  recovery  economic  history  budget  deficit  income  tax  receipts  IRS  HMRC  trade  deficit  current  account  deficit  precarious  work  Precariat  squeezed  middle  class  job  loss  job  security  job  insecurity  working  poor  Contractor  Zero  Hour  Contract  Budget2016  George  Osborne  STEM  skills  gap  apprenticeships  2015  2016  China  BRIC  global  economy  global  trade  globalisation  globalization  outsourcing  self-employment  tax  free  income  tax  credit  social  safety  net  welfare  state  output  gap  participation  rate  babyboomers  western  world  secular  stagnation  Support  income  growth  wage  stagnation  disposable  income  discretionary  spending  household  debt  consumer  debt  credit  card  debt  car  loan  student  debt  Generation  Rent  Generationengerechtigkeit  tax  evasion  tax  avoidance  tax  amnesty  crony  capitalism  shareholder  capitalism  profit  maximisation  profit  maximization  Wall  Street  shareholder  value  multiplier-effect  austerity 
april 2016 by asterisk2a
Budget cuts pose 'serious danger' to education standards - Press and Journal
There is a “serious danger” that severe budget cuts will mean that schools will not be able to maintain their current standards of education, headteachers have warned. Schools across England are being forced to cut courses, equipment and books, increase class sizes and make redundancies amid a continuing squeeze on finances, according to the Association
education  policy  attainment  gap  post  code  lottery  social  mobility  austerity  staff  morale  staff  shortage  income  mobility  deprivation  UK  Tories  Nicky  Morgan  Michael  Gove  David  Cameron  George  Osborne  poverty  trap  child  poverty  food  poverty  child  care  tax  credit  working  tax  credit  child  tax  credit  apprenticeships 
march 2016 by asterisk2a
House of Lords votes to keep income-related child poverty measures | Society | The Guardian
[ trying to redefine poverty! ] Iain Duncan Smith, the work and pensions secretary, announced the proposals in July, prompting dismay among child poverty charities. He said the government would scrap its measurement of child poverty and the aim to eradicate it by 2020, while replacing it with a new duty to report levels of educational attainment, worklessness and addiction. Under his plans, the old measurement, based on the percentage of households with below-average income, would continue to be published as a government statistic but would no longer be seen as a target. However, peers voted by 290 to 198 to keep the targets, in a move to prompt the House of Commons to think again. [...] [ TRICKLE-DOWN! ] David Freud, the welfare minister, opposed the amendment on behalf of the government, saying “life chances” indicators were a better way of monitoring what was happening and of directing resources most effectively to tackle the problem.
Iain  Duncan  Smith  child  poverty  poverty  David  Cameron  George  Osborne  nasty  party  Conservative  Tories  DWP  tax  credit  working  poor  precarious  work  Precariat  education  policy  deprivation  attainment  gap  post  code  lottery  general  election  2015  Manifesto  constituency  Funding  long-term  unemployment  youth  unemployment  structural  unemployment  Toff  Westminster  Whitehall  Establishment  Privileged  ESA  vulnerable  Disabled  disability  No  Representation  austerity  Council  Social  Services  Public  Services  child  tax  credit  working  tax  credit  Zero  Hour  Contract  Contractor  low  pay  low  income  minimum  wage  apprenticeships  trickle-down  economics  neoliberalism  neoliberal  self-employment  Gini  coefficient  mobility  downward  mobility  income  mobility  recovery  job  creation  squeezed  middle  class  secular  stagnation  budget2015  budget2016 
march 2016 by asterisk2a
George Osborne warns of further spending cuts in Budget - BBC News
[ LOL! ] But recent figures showing the UK economy was smaller than expected meant savings must be found in his Budget statement on 17 March, he said. [...] Mr Osborne said he would rather look for extra cuts now than risk breaking his own manifesto commitment to achieve a surplus in the budget by the end of this Parliament. The chancellor did not completely rule out raising taxes in the event of a further slowdown in growth, but said that now was not the time for "significant" tax hikes. [...] I'm absolutely clear we've got to root our country in the principle that we live within our means and that we have economic security." [...] "whole purpose of our economic plan was to have a budget surplus. [...] we got big challenges at home to make the economy more productive even as more people get work. [ because having part of your budget in the property bubble is so productive ] [...] I will do what is required to keep our country safe and secure." [ NOT CHANGING PLANS ie U-TURN ]
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february 2016 by asterisk2a
Five issues that will shape the Northern Powerhouse - BBC News
[ white elephant! lol & the double standard of Google paying 2% tax vs small businesses full 18%+ and not getting investment, R&D loans ] Will Hull thrive or suffer if transport is radically improved to the eastern fringe of the Powerhouse? There's no way of telling. Some people think investment in skills, education and training would be a more certain way of improving productivity - and business leaders are keen to ensure that these key elements are not forgotten in the rush for steel and tarmac. I asked former CBI director-general John Cridland, who is now head of Transport for the North, if there was any certainty that spending billions on infrastructure would improve productivity. He agreed there was no proof, but urged people to take a leap of faith - like the Victorian engineers.
STEM  skills  gap  practical  skills  apprenticeships  underinvestment  productive  investment  Northern  Powerhouse  UK  George  Osborne  David  Cameron  productivity  output  gap  recovery  carbon  tax  renewable  energy  competitiveness  competitive  industrial  policy  Germany  corporate  tax  rate  tax  evasion  tax  avoidance  conglomerate  multinational  HMRC  budget  deficit  dogma  ideology  austerity  squeezed  middle  class  job  creation  Service  Sector  Jobs  added  value  value  creation  economic  history  property  bubble  distortion  HS2  Hinkley  Point  C  HS3  infrastructure  investment  infrastructure  macroeconomic  policy  macroprudential  policy  zombie  banks  BOE  Funding  for  Lending  Scheme  Mark  Carney 
february 2016 by asterisk2a
Dispatches - Low Pay Britain - All 4
living wage starts from 21? 25? // retail big! high street big! - service sector. no manufacturing ... // IT IS CORPORATE SUBSIDY - PROGRAM FOR LOW PAY! // very far from Germay model! // tax payer pays for people in high street! // Ofsted found inadequate conditions! AND SMALL MINORITY GET ACTUALLY A FULL-TIME JOB! LOL LOL LOL! // Social Market Foundation (research) found lvl2 apprenticeship adds nothing to purse over a lifetime. // its DWP policy to get young people off the paper onto other paper largely, still funded, by the gov - still adding to budget deficit. // Ofsted concerned over apprenticeships "wasting public funds" // WHAT A TORY SPIN! // retail places have shot up, and construction plummeted! the latter is harder or put through training providers ( private companies, PRIVATISATION! ). employers are not in charge. to quote one employee of a training provider "meet targets, get money in" its about the # of apprenticeships, not the quality or economic need/industry. //
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february 2016 by asterisk2a
Calls for 'homegrown talent' to take over as next Ofsted chief | Education | The Guardian
Concerns raised over reports that the education secretary wants to appoint an American with a record of resisting unions to replace Sir Michael Wilshaw [...] Morgan is reportedly looking overseas to replace Michael Wilshaw, who will stand down in December. According to the Sunday Times, she is keen to recruit an outsider who has defeated union resistance to education changes abroad in order to raise school standards in the UK. [...] we’ve seen year after year, ministers are failing to recruit and retain enough teachers, threatening our future economic success and the prospects of young people in the global education race.” [...] Tensions between state school leaders and Ofsted have risen under Wilshaw’s reign, in part because of the threat of struggling schools being turned into academies after receiving critical inspections.
Nicky  Morgan  education  policy  Workers  Union  Trade  Union  austerity  Gini  coefficient  social  mobility  income  mobility  inequality  deprivation  UK  staff  shortage  staff  morale  child  poverty  food  poverty  poverty  trap  income  inequality  David  Cameron  George  Osborne  Generationengerechtigkeit  fairness  child  care  tax  credit  poverty  apprenticeships  competitiveness  STEM  financial  literacy  literacy  PISA  Privatisation  Ofsted  CQC 
february 2016 by asterisk2a
BBC News on the North South Divide with Tom Hunt - YouTube
multiplier effect of service sector job = 1 or lower. meaning need to access tax credits. //&! Northern Powerhouse dept to close Sheffield office and move 247 jobs to London. - Government business department shuts largest non-London office George Osborne’s ‘northern powerhouse’ policy questioned as branch closure in Sheffield casts doubt on chancellor’s pledge to revitalise English cities - bit.ly/1PDlgSA // also northern councils have to cut deeper than souther because of lower tax base!
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january 2016 by asterisk2a
'The trade union bill is sinister' | Owen Jones meets Frances O'Grady - YouTube
>> Changes for Tories constituency.
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september 2015 by asterisk2a
Steve Keen on Education - YouTube
economy future relies on innovation. and if you check and monitor to death a system, and add bureaucracy on top of it, and low wages, and being under staffed and being over worked. and crowded, noisy class rooms (unable to spot talent and unable to sponsor). you can't have a prosperous future economy/generation with high social mobility. higher incomes. new industries. // oh and theyve cut research to nothing // oh and the creative digital industry is complaining, and added value industry is complaining about lack of qualified/skilled young workforce. // // UK will lose rest of its heavy industry because of energy prices it can't compete on world wide because it hasn't invested in the Smart Grid, energy storage systems, infrastructure, and renewable energy! Period. Budget2015 they cut all of renewable investment schemes and even had the audacity to put a carbon tax levy on it!
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august 2015 by asterisk2a
Jobseeking Surrounded By Fictions, Myths And Convenient Narratives | Welfare Weekly
It is worth remembering that the origin of the social welfare payments by the state was to stop these kinds of moral judgements being made about a deserving and an undeserving poor. The state officially supports the stereotype of sympathy for the ‘deserving poor’ and scorn for the near criminality on the part of ‘scroungers’. [...] unemployed people are forced to drink this [Tories] cool-aid or face destitution. [...] Underlying all this is the deeper fiction that individuals are responsible for their own state of unemployment. [...] There is a broader change in the world of work, - neo-liberalism - whereby the rules developed at the height of the industrial revolution are now fully circumvented by employers [...] transfer the risk and responsibility around labour from the organisation (and state - ie keeping national workforce competitive through various means of education) to the individual. [...] leading 2 lowest common denominator regulation. [short-term, price fight, dereg]
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august 2015 by asterisk2a
George Osborne is a magician – despite his record he’s seen as a success | Owen Jones | Comment is free | The Guardian
The chancellor’s record demonstrates a specialism in policies that are too complicated to successfully rebut – a pernicious but effective approach [...] ‘He turns myths into common sense. He spins policies that benefit the richest into rewards for aspiration. He transforms his disastrous record into success.’ [...] GDP per capita remains lower than before Lehman Brothers imploded. Not since the Victorian era have workers’ pay packets flatlined for as long as they have under Osborne. [...] His government pledged to start paying off the country’s debts, but he added more than every single Labour chancellor in history put together. Under his chancellorship, productivity has stagnated disastrously. In much-derided France, productivity is 27% higher. How can this record be regarded as anything other than dire?
austerity  spin  doctor  PR  Tories  Conservative  Party  UK  George  Osborne  Toff  Privileged  Establishment  GFC  recovery  2015  budget  deficit  budget2015  tax  evasion  tax  avoidance  corporate  tax  rate  tax  code  capital  gains  tax  income  tax  welfare  state  Public  Services  Social  Services  vulnerable  Disabled  benefits  JSA  ESA  babyboomers  Generationengerechtigkeit  STEM  underinvestment  fiscal  policy  industrial  policy  Manufacturing  short-term  short-term  thinking  short-term  view  Career  Politicians  No  Representation  policy  folly  policy  error  contract  political  theory  productivity  output  gap  David  Cameron  DWP  apprenticeships  education  policy  mobility  downward  mobility  poverty  trap  child  poverty  Gini  coefficient  IMF  ChristineLagarde 
august 2015 by asterisk2a
Students seek diverse education at lower cost | FT Business School - YouTube
A big challenge for business schools is that students are looking for a higher return on their investment. Candidates also require greater depth and variety in terms of courses, in particular on analytics, and teaching modes.
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august 2015 by asterisk2a
Michelle Mone: tsar quality? - BBC News
[ gov role for No Campaign support, and possible Lord's appointment ] It's a message that speaks of defiance and determination, but also perhaps a thin skin and insecurity. So what is it that drives Michelle Mone? One guide is to follow her on Twitter. [...] What I've learned is not about business, but about image. [...] The image she projects is of someone constantly on the go from top hotel to yacht, to a glamorous photo shoot, to her evening gown laid out on her hotel bed, to a peek inside her wardrobe at the choices she's got that morning. There are pre-speech nerves when facing a glitzy, powerful audience, a menu from a swish restaurant, stroking some very expensive cars, and short messages of encouragement to her admirers. This is Michelle Mone: the brand. [...] [ it's sponsored by the DWP, aiming at those on benefits ] &! bbc.in/1JiCR3p &! bbc.in/1KvZPRf off Ultimo board. &! bit.ly/1Jr4rxi
Michelle  Mone  entrepreneurship  entrepreneur  Personal  Brand  SNP  Scottish  independence  referendum  Tories  Conservative  Party  nepotism  tax  evasion  tax  avoidance  industrial  policy  UK  George  Osborne  David  Cameron  Toff  Privileged  Establishment  budget2015  recovery  Manufacturing  STEM  education  policy  vocational  education  professional  education  apprenticeships  DWP  Iain  Duncan  Smith  Celebrity  of  You  Selbstdarstellung 
august 2015 by asterisk2a
Immigrants Don’t Steal Jobs by Slate's The Gist
high skill immigration adds to economy. low skill adds to economy - if - they are put into higher education and start to add after a handful of years to the economy in a added value job, not service sector job. // Debunking the Myth of the Job-Stealing Immigrant for the New York Times Magazine. // marginal downside effects. no sudden shocks because of migration. // immigration should be supplement to existing ('native') workers. - even low skilled workers are complement, to the skilled worker/economy. // net benefit to federal economy (taxes), net cost to local economy - integrating immigrants.
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august 2015 by asterisk2a
Call to set aside apprenticeships for care leavers - BBC News
[ opening the door for people, they have to walk through. these are people often with complex needs thus need a holistic solution and support that in austere times local and public services can't provide ] Thousands of apprenticeships in England should be reserved for young people coming out of care, a charity says. Barnardo's is calling on ministers to reserve 20,000 apprenticeships for 16-18 year olds from the care system. Care leavers' potential and not only their entry qualifications should be taken into account, Barnardo's says. [...] The strategy says there is a significant gap between the educational achievements of care leavers and their peers. In June, the Prison Reform Trust launched an independent review to examine why so many children in care in England and Wales end up in the criminal justice system. [...] Instead of apprenticeships depending on entry qualifications only, care leavers' potential should also be taken into account, the charity says. [...] intensive support
apprenticeships  social  mobility  Gini  coefficient  Services  Public  Services  corporate  social  responsibility  corporate  culture  corporate  values  Gesellschaft  civic  society  human  capital  civic  life  UK  inequality  income  mobility  downward  mobility  fairness  austerity  Generationengerechtigkeit  budget2015  George  Osborne  David  Cameron  Toff  Privileged  Establishment  No  Representation  Career  Politicians  social  contract  political  theory  short-term  thinking  short-term  view  policy  folly  lost  generation  lost  decade  policy  error  education  policy  vocational  education  professional  education 
august 2015 by asterisk2a
How Millennials Are Paying a High Price As a Result of the 2008 Financial Crash | Better Markets
[ post-GFC ] 56% of 22-year-olds who just graduated ended up in jobs that did not require a degree, categorizing them as “underemployed.” [...] Today’s younger Americans are taking on more student loan debt than any generation before them, delaying major life milestones such as buying a home and starting a family. This debt is also threatening older generations, who need a large and growing workforce paying into social safety net programs such as Medicare and Social Security. [...] Mr. Rattner gets it right in his column when he writes that “starting behind often means never catching up,” since it’s been proven that graduating in a poor economy can have a long-lasting effect on a person’s career. [...] This lost generation faces an uncertain future and the resulting fallout will negatively impact them, their families and the entire U.S. economy for decades to come. // all the while, banker bashing has become a no-go topic in UK. // &! bit.ly/14R1pzk &! bit.ly/1PsHx7C
underemployed  lost  decade  lost  generation  un-college  College  University  UK  USA  job  market  job  creation  labour  market  recovery  2015  GFC  Millennials  inequality  Gini  coefficient  student  loan  debt  student  loan  student  debt  debt  servitude  demographic  bubble  social  mobility  income  mobility  unintended  consequences  long-term  view  long-term  thinking  economic  damage  Europe  austerity  Generationengerechtigkeit  fairness  social  cohesion  social  contract  social  tension  TBTF  too  big  to  jail  bailout  apprenticeships  education  policy  vocational  education  professional  education  skills  gap  skill-biased  technological  change 
august 2015 by asterisk2a
In Tory Britain, young people are having their future stolen | Owen Jones | Comment is free | The Guardian
Vandalising sixth-form colleges is the latest in an onslaught on the aspirations of working-class youth. [...] Low-skilled, low-pay, insecure work beckons for many; and those aspiring for a job in the professions are often expected to work for free – largely impossible without well-heeled parents to support them. The attacks seem to come daily. Some of us warned that measures initially directed against migrants would inevitably be broadened out. Tightening the availability of tax credits for migrants may now mean the removal of tax credits for all 18-year-olds for four years, punishing the young working poor and young parents in particular. // &! Sixth form colleges left on starvation rations by government cuts, says report. Survey on England’s 93 colleges shows class sizes rising, courses being dropped and seven out of 10 principals worried of inability to provide a quality education - bit.ly/1L3wd3d // &! bbc.in/1hv2x2n &! bbc.in/1DHDnrl // &! bit.ly/1IWgHjv - young dont vote ...
austerity  fairness  Generationengerechtigkeit  UK  budget2015  George  Osborne  David  Cameron  Tories  Conservative  Party  dogma  ideology  GFC  budget  deficit  sovereign  debt  crisis  Gini  coefficient  social  mobility  income  mobility  poverty  poverty  trap  food  poverty  child  poverty  tax  credit  child  tax  credit  working  tax  credit  Student  Maintenance  Grant  STEM  education  policy  vocational  education  professional  education  apprenticeships  social  cohesion  social  tension  short-term  thinking  short-term  view  policy  error  policy  folly  Makers  DWP  Iain  Duncan  Smith  welfare  state  Public  Services  Services  Toff  Privileged  Establishment  vulnerable  Disabled  Career  Politicians  No  Representation 
august 2015 by asterisk2a
Global economic growth to slow, NIESR predicts - BBC News
'Domestic risk' While NIESR was generally upbeat about the UK economy, it believed that weak productivity would remain a challenge. Simon Kirby, an economist at the institute, said: "It's the major domestic risk." NIESR expects inflation to remain about zero until the end of the year due to low oil prices and the strong pound, but that it will return to the Bank of England's target of about 2% a year by 2017. The think-tank expects the Bank of England to finally raise interest rates in February next year. Economists polled by Reuters last month mostly expect the Bank to raise rates in the first quarter of 2016.
UK  2015  recovery  deflationary  deflation  secular  stagnation  productivity  output  gap  fiscal  policy  austerity  fiscal  stimulus  industrial  policy  George  Osborne  short-term  thinking  short-term  view  budget  deficit  current  account  deficit  David  Cameron  Tories  dogma  ideology  Career  Politicians  No  Representation  Taper  STEM  policy  folly  policy  error  Makers  education  policy  microeconomic  policy  macroeconomic  policy  globalisation  globalization  flat  world  borderless  job  creation  Service  Sector  Jobs  precarious  work  Zero  Hour  Contract  Contractor  Niedriglohnsektor  minimum  wage  living  wage  Manufacturing  added  value  value  creation  ecosystem  vocational  education  professional  education  apprenticeships  competitive  competitiveness  competitive  advantage  neoliberalism  neoliberal  Lohnzurückhaltung  disposable  income  discretionary  spending  working  poor  squeezed  middle  class  Precariat 
august 2015 by asterisk2a
Employers warn of 'skills emergency' - BBC News
More than half of employers fear they will not be able to recruit enough high-skilled workers, according to a survey by the CBI. The employers' organisation is warning that a skills shortage is "threatening to starve economic growth". [...] "The government has set out its stall to create a high-skilled economy, but firms are facing a skills emergency now, threatening to starve economic growth," said Ms Hall. "Worryingly, it's those high-growth, high-value sectors with the most potential which are the ones under most pressure. That includes construction, manufacturing, science, engineering and technology. [...] The survey also highlighted concerns about the need for better careers advice to help young people understand more about the jobs likely to be available. [ &! scrapping GCSEs ! ] // education cost in UK are disenfranchising those who can not afford and are put off by the debt burden they will have to server // &! bit.ly/1IUkBxo
skill-biased  technological  change  practical  skills  practical  skill  set  skills  gap  UK  productivity  STEM  vocational  education  education  policy  MOOC  Higher  Student  Maintenance  Grant  poverty  trap  social  mobility  income  mobility  labour  market  labour  economics  job  creation  on  job  training  apprenticeships  job  security  job  market  Service  Sector  Jobs  underemployed  output  gap  Manufacturing  immigration  added  value  industrial  policy  recovery  George  Osborne  budget2015  Exportweltmeister  Germany  Fachkräftemangel  competitiveness  competitive  globalisation  global  trade  globalization  borderless  flat  world  policy  error  policy  folly  short-term  thinking  short-term  view  solidarity  working  poor  precarious  work  Precariat  squeezed  middle  class  Gini  coefficient  OECD  IMF  infrastructure  infrastructure  investment 
july 2015 by asterisk2a
George Kerevan: A merciless attack on the poor ... to the sound of cheers | Comment | The National
What about the cut to Corporation Tax, to 18 per cent? UK firms currently sit on £550bn in cash reserves which they have little inclination to spend, other than to buy back their shares. Cutting their taxes will only swell this useless cash mountain, not lead to more investment. Indeed, the independent Office for Budget Responsibility, in papers published with the Budget, forecasts Britain’s current account deficit on trade will worsen in the next five years – a sure sign of failing productivity and competitiveness. The Tories cheered George Osborne to the rafters yesterday but just wait until the economic roof falls in when American interest rates rise and Britain’s bubble economy has to face the real world.
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july 2015 by asterisk2a
Universities push for higher fees - BBC News
// distortion to choice of students - prospective workforce = miss allocation of resources/assets (human capital). this is not consumer choice. this is a choice that will be with the rest of your life. &! Tens of thousands of students are relying on payday loans to cover their daily living costs, a survey suggests. - bbc.co.uk/news/education-33328374
un-college  University  social  mobility  income  mobility  education  policy  Gini  coefficient  student  loan  debt  Bubble  student  debt  UK  inequality  Privileged  Toff  Establishment  Future  of  Work  practical  skills  practical  skill  set  Liberal  Arts  knowledge  worker  knowledge  economy  competitiveness  competitive  flat  world  globalisation  globalization  fiscal  policy  labour  market  labour  economics  human  capital  vocational  education  distortion  asset  allocation  capital  allocation  choice  apprenticeships  Payday  Loans  cost  of  living 
july 2015 by asterisk2a
▶ Noam Chomsky - The Purpose of Education - YouTube
learning to learn on your own. // against indoctrination, dogma, propaganda, // student debt is a trap // exponential impact of technology, augmented intelligence, robotics, software, automation, ... hockey stick move will come/near. // framework to guide your pursuit << understand what u are looking for. otherwise will go in wrong direction. randomness. // nobel prize winners didn't publish most articles in journals, they knew what to look for. capacity to seek what is significant. (defying other peoples dogma) always willing to question whether you are on the right track or not. // education mostly seen as investment into people that create jobs/economic growth. rather than create better human beings. // taking tests can be of use to some extent. taking tests, score well, but have not interest in it, and understand very little and keep very little long-term. // better to learn to understand and explore than to score insular test questions. IT MATTERS WHAT YOU DISCOVER.
education  policy  Philosophy  Career  Politicians  Enlightenment  Liberal  Arts  Google  MOOC  e-learning  online  learning  practical  skills  practical  skill  set  dogma  Future  of  Work  Mobile  Creatives  Mobile  Creative  un-college  University  democracy  history  student  loan  debt  student  of  life  Bubble  apprenticeships  Trainee  destruction  kindergarten  authority  abuse  of  power  Moore's  Law  Software  Is  Eating  The  World  augmented  intelligence  artificial  intelligence  automation  Robotics  marketplace  marketplace  efficiencies  homescreen  life  lesson  life  hacker  self-improvement  Bulimie  lernen  bulimic  learning 
june 2015 by asterisk2a
CBI head calls for GCSEs to be scrapped - BBC News
John Cridland, director general of the employers' group, says England's exam system is narrow and out of date. He proposes a system in which the most important exams would be A-levels, including both academic and vocational subjects, taken at the age of 18. Ministers are pushing for all pupils to take a core group of academic GCSEs. [...] He says that for too long "we've just pretended" to have an exam system that values vocational education, when in practice, exams have operated as stepping stones towards a university degree. [...] "GCSEs are past their sell-by date and should be retired." He says that the only purpose they serve now is to allow measurement of schools through league tables. The proposal to scrap GCSEs comes as ministers are pushing for an even greater emphasis on academic GCSEs, with plans for all pupils to have to take core academic subjects. This announcement "misses the point that we need curriculum reform, not just exam reform", says the CBI chief.
education  policy  Future  of  Work  Liberal  Arts  apprenticeships  Trainee  Mobile  Creatives  Mobile  Creative  destruction  practical  skills  practical  skill  set  Career  Politicians  policy  folly  policy  error  differentiate  differentiation  competitiveness  competitive  globalisation  globalization  borderless  flat  world 
june 2015 by asterisk2a
Britain needs a real manifesto for growth | Business | The Guardian
There is a chronic shortage of supply in transport, energy and housing. Roads, rails and airports are clogged; we are in danger of the lights going out due to low electricity capacity and pathetic rates of house building have generated stratospheric prices. Building infrastructure produces permanent economic gain, but provokes temporary political pain. Nimbies object to disruption and we have been reluctant to compensate them properly. So it’s no surprise that people use the archaic planning system to block and delay investment projects. Politicians find it easier to prevaricate and reverse their predecessors’ decisions and set up ad hoc celebrity reviews (e.g. the coalition’s bottling out of Heathrow expansion). When the time comes for spending cuts, investment is first on the chopping block because the economic bruises only come out years later. Political short-termism is mirrored by corporate myopia which holds back innovation. There remains a lack of competition in banking. ...
UK  productive  investment  underinvestment  austerity  IMF  recovery  infrastructure  investment  2015  David  Cameron  George  Osborne  Conservative  Party  education  policy  labour  market  labour  economics  productivity  output  gap  social  mobility  income  mobility  Gini  coefficient  inequality  income  inequality  income  growth  squeezed  middle  class  Industrial  Revolution  2.0  vocational  education  continual  education  tax  avoidance  tax  evasion  fairness  welfare  state  Services  Public  Services  social  safety  net  apprenticeships  tax  credit  macroeconomic  policy  microeconomic  policy  fiscal  policy  fiscal  stimulus  neoliberalism  neoliberal  globalisation  globalization  competitiveness  competitive  competition  precarious  work  Precariat  working  poor  working  class  Zero  Hour  Contract  contractor  outsourcing  opportunist  Opportunism  short-term  thinking  short-term  view  Career  Politicians  investment  banking  1%  Privileged  Establishment  Toff  No  Representation  policy  error  policy  folly  Germany  Schuldenbremse  Pact  Wolfgang  Schäuble  Angela  Merkel  retraining  on  job  training  John  Van  Reenen 
may 2015 by asterisk2a
Rt Hon David Blunkett MP | Where Next for Welfare? - YouTube
helping people to cope w change in the labour market, enabling to succeed in a changing labour market. // instead one is exposed to the downward spiral of long-term unemployment, instead of enabling social mobility and income (and personal) growth // throwing away human capital // we inherit what we seed - you reap what you sow // min 24 - getting corporate entities to pay their fair share of tax // min 30 - honest system // psychology of welfare, the right way // min 55 investing in people, personal advisor // tax credit for on the job training/on-boarding of long-term unemployed, dual system (education & job), apprenticeships paying living wage // corporates get subsidies, why does an employee can't get that - helping to compete in this labour market // &! Welfare: When does the State say no? | 18.06.2013 - youtu.be/aBo-1WVu2YE // // &! [Labour] Alan Milburn: Education’s role in promoting social mobility - youtu.be/-sTuE2X99G4 - https://www.gov.uk/government/people/alan-milburn
welfare  welfare  state  social  safety  net  Public  Services  Services  labour  market  labour  economics  vocational  education  education  policy  practical  skills  practical  skill  set  apprenticeships  austerity  hartz-iv  ALG2  Germany  UK  IMF  economic  history  policy  error  short-term  thinking  short-term  view  policy  folly  Career  Politicians  Conservative  Party  microeconomic  policy  macroeconomic  policy  job  creation  job  market  underemployed  long-term  unemployment  long-term  view  long-term  thinking  David  Cameron  economic  damage  income  growth  fear  solidarity  social  cohesion  social  tension  competitiveness  competitive  competition  on  job  training  social  mobility  downward  mobility  income  mobility  human  capital  gesellschaft  stereotype  Gini  coefficient  inequality  2015  child  care  tax  credit  low  income  working  poor  precarious  work  Precariat  Proletariat  self-employment  income  distribution  income  inequality  income  redistribution  Super  Rich  1%  fairness  unrecht  budget  deficit  tax  evasion  tax  avoidance  loopholes  No  Representation  Establishment  Privileged  Toff  continual  education  child  poverty  food  poverty  poverty  moral  beliefs  ethical  beliefs  corporate  culture  corporate  values  paid  maternity  leave  sickness  benefits  paid  paternity  leave  HR  human  resources  Disabled  employability  youth  unemployment  structural  unemployment  tax  code  tax  free  income  living  wage  minimum  wage  society  disposable  income 
may 2015 by asterisk2a
Bank of England says UK economy to grow by 2.5% in 2015 - BBC News
Mr Carney warned of "underlying weakness" as the Bank gave a gloomier picture for productivity growth. The Bank revised down its productivity forecast because it sees a disproportionate number of new jobs as low-skilled and low-output. Productivity growth is now expected to improve only modestly in the coming year before remaining below past average rates. 'Underinvestment' "Today's report should leave nobody in any doubt about the fundamental role of productivity growth in the UK economy's performance," said Aberdeen Asset Management chief economist Lucy O'Carroll. "The Bank of England has downgraded its growth outlook, and Mark Carney has put poor productivity right at the centre of the story. "He may have put part of the productivity disappointment of recent years down to a disproportionate pick-up in low-productivity jobs, but he has also admitted that underinvestment has played a role." [...] [+ EU&Global (China) headwinds] = in no rush to raise interest rates. &! bbc.in/1RIb9Ah
productivity  UK  job  creation  labour  market  labour  economics  Niedriglohn  Niedriglohnsektor  Services  Industry  service  industrial  policy  structural  imbalance  Impediments  output  gap  recovery  working  poor  squeezed  middle  class  USA  precarious  work  Precariat  self-employment  contractor  Zero  Hour  Contract  outsourcing  borderless  flat  world  globalisation  globalization  competitiveness  competitive  competition  Manufacturing  Career  Politicians  short-term  thinking  short-term  view  economic  history  GFC  dot.com  productive  investment  hunt  for  yield  asset  allocation  ZIRP  NIRP  QE  unintended  consequences  speculative  bubbles  speculative  speculation  ecosystem  education  policy  vocational  education  continual  education  underemployed  employability  long-term  unemployment  structural  unemployment  Revolution  2.0  entrepreneurial  entrepreneurship  Start-up  SME  SMB  Mittelstand  Software  Is  Eating  The  Share  Economy  service  Sector  Jobs  2015  sociology  trust  advice  psychology  anxiety  secular  stagnation  deflationary  digital  knowledge  sharing  shadow  1099  Economy  New  Economy  Venture  Capital  wantrepreneur  Year  of  Code  practical  skills  practical  skill  set  of  economics  of  apprenticesh 
may 2015 by asterisk2a
Marco Rubio Takes Mark Halperin to School - YouTube
min 4 - liberalising student loan's, making student loans a pure private entity. lol. what could go wrong? the small print. the "selling" of said in-transparent contracts. where in the USA, you can't default on your student loans - they are exempt from private bankruptcy proceedings.
re-training  vocational  education  education  policy  apprenticeships  e-learning  online  learning  practical  skills  practical  skill  set  College  un-college  MBA  University  student  loan  debt  Bubble  studentdebt  StudentLoans  Marco  Rubio 
may 2015 by asterisk2a
A16z Podcast: Regulation and the Sharing Economy | Andreessen Horowitz
min 17:30 - start-up economy is completely engineering constraint. running red hot white. "we can't find enough engineers." 100.000k becomes the norm for seasoned engineers/programmers --- https://soundcloud.com/a16z/a16z-podcast-regulation-and-the-sharing-economy // //there are probably +10% who can't afford college but would be engineers. thus need out of highschool to engineering apprenticeship (dual system like in Germany) // should be started by FB and Co in Co-Operation with 1-3 colleges that take on every other two weeks these type of students with a separate curriculum. 3 year degree. instead of 4. with work experience. // << Pilot // especially approaching talented high school kids from disadvantaged backgrounds and areas. // http://paulgraham.com/95.html "Startups are [...] constrained for talent."
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april 2015 by asterisk2a
If The UK Economy Is Doing So Well, Why Does It Feel So Bad? — Bull Market — Medium
( http://www.bbc.co.uk/news/business-32163541 ) Certainly in the case of the UK, productivity growth (the ultimate driver of higher living standards) has been exceptionally weak. And even if the UK is an exceptional case, productivity weakness has been widespread globally - as Bank of England Monetary Policy Committee member Martin Weale has recently argued. As Karl Whelan has argued, there are reasons to worry that this reflects a longer term trend rather than just a hang-over from the financial crisis. In other words, if we are trying to explain weak growth we may need to pay as much attention to the supply side of the economy as the demand side. [...] Professor Summers, his broader secular stagnation thesis does take into account supply side factors which have reduced the desired rate of investment. [...] the political debate on the economy suffers from an illusion of control. [ gov bonds are no uber productive investments ]
UK  recovery  output  gap  productivity  GFC  Software  Is  Eating  The  World  marketplace  efficiencies  Robotics  outsourcing  offshoring  contractor  borderless  globalisation  flat  deflationary  globalization  competitiveness  competition  competitive  STEM  education  policy  apprenticeships  Makers  short-term  thinking  short-term  view  austerity  social  mobility  income  mobility  Gini  coefficient  inequality  Career  Politicians  No  Representation  Structural  Impediments  imbalance  savings  glut  ZIRP  QE  NIRP  hunt  for  yield  bond  bubble  productive  investment  marginal  cost  economics  of  abundance 
april 2015 by asterisk2a
'100,000s young people left behind' because of unemployment - BBC Newsbeat
#symptom !!! "There [aren't] enough jobs to go around," he says. "Everybody is fighting for the same job and if you haven't got qualifications or even experience you're always going to be looked over. "So some people do find it harder to get a job than other people. "It's definitely depressing, it takes a toll on your self-esteem, confidence and motivation but you have to get to a point where you have to push forward... to better yourself." [...] Matty's still unemployed but much more hopeful of finding work after doing voluntary work and enrolling on a series of training programmes.
youth  unemployment  long-term  unemployment  lost  generation  No  Representation  education  policy  social  safety  net  apprenticeships  practical  skills  practical  skill  set  skill-biased  technological  change  working  poor  Precariat  precarious  work  Robotics  automation  Software  Is  Eating  The  World  algorithm  Mobile  Creative  Mobile  Creatives  borderless  competitive  globalization  globalisation  destruction 
february 2015 by asterisk2a
BBC News - 'Colossal' spending cuts to come, warns IFS
Current Austerity focus is running UK economy into the ground. Not towards the futures. Yes to cut waste. Yes to trim here and there. But there is no sight of investment into the future; ie pushing apprenticeships and industrial (STEM, research) practical skill set (dual college & university courses modelled after Germany), living wage, reduction on reliance on service sector and consumption. There is no inspiration. No future in his head. Just managing the status quo. Moving the pieces. Just like any other career politician. &! http://www.bbc.co.uk/news/business-30318870
austerity  George  Osborne  general  election  2015  UK  recovery  education  policy  Year  of  Code  Software  Is  Eating  The  World  industrial  policy  fairness  Gerechtigkeit  tax  avoidance  tax  evasion  Toff  Establishment  No  Representation  Super  Rich  Privileged  1%  tax  free  income  disposable  income  productivity  output  gap  liquidity  trap  zombie  consumer  zombie  corporations  zombie  banks  monetary  transmission  mechanism  sovereign  debt  crisis  Super  Cycle  living  wage  working  poor  child  poverty  food  poverty  poverty  public  health  policy  public  health  sick  population  NHS  practical  skills  practical  skill  set  STEM  apprenticeships  un-college  education  bubble  Liberal  Arts  democracy  Democratic  Process  Career  Politicians  Makers  policy  error  policy  folly  GFC  debtoverhang  deleveraging  flat  globalisation  globalization  competitive  competitiveness  comparative  advantage  Mobile  Creative  Mobile  Creatives  war  for  talent 
december 2014 by asterisk2a
BBC News - Long, long slog to mend public finances
So the job of mending the public finances is a long way from over. The best performing, big developed economy in the world - that's us by the way, as assessed by speed of GDP growth - is generating far less tax than expected. So this year, the Office for Budget Responsibility expects the harvest for the Exchequer from taxation to be £7.8bn less than it predicted in March. And by 2017-18, it says the shortfall will be an eye-watering £21bn. & the biggest shortfall, roughly half of it, is in income tax, which reflects the creation of lots of new low wage jobs & the absence of meaningful pay rises for millions. [...] reflecting a change in the structure of the economy, rather than a passing phenomenon. [AUSTERITY] The OBR calculates that spending per head in real terms in 2019/20 on the public sector minus health and schools would be £1,290, or 57% less than in 2009/10. [... edu & industrial policy not straight ahead towards econ of the future ...] [in this together?] &! bbc.in/1tqUjGz
tax  avoidance  tax  evasion  Gerechtigkeit  fairness  crony  capitalism  Budget  UK  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  economic  history  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  fiscal  policy  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  labour  economics  labour  market  George  Osborne  David  Cameron  competitiveness  competitive  competition  comparative  advantage  Silicon  Valley  BRIC  Frontier  Markets  Developing  free  trade  global  trade  trade  agreements  TTIP  austerity  Structural  Impediments  unemployment  infrastructure  investment  deficit  imbalance  apprenticeships  education  policy  practical  skills  practical  skill  set  secular  stagnation  wage  stagnation  stagnation  stagflation  deflationary 
december 2014 by asterisk2a
American Schools Are Training Kids for a World That Doesn't Exist | WIRED
Our kids learn within a system of education devised for a world that increasingly does not exist. To become a chef, a lawyer, a philosopher or an engineer, has always been a matter of learning what these professionals do, how and why they do it, and some set of general facts that more or less describe our societies and our selves. We pass from kindergarten through twelfth grade, from high school to college, from college to graduate and professional schools, ending our education at some predetermined stage to become the chef, or the engineer, equipped with a fair understanding of what being a chef, or an engineer, actually is and will be for a long time. We “learn,” and after this we “do.” We go to school and then we go to work. This approach does not map very well to personal and professional success in America today. Learning and doing have become inseparable in the face of conditions that invite us to discover.
education  policy  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Public  apprenticeships  Trainee  MOOC  self-thaught  Year  of  Code  Future  of  Work  Mobile  Creative  Mobile  Creatives  Millennials  generational  change  workforce  generationy  practical  skills  practical  skill  set  PISA  Bulimie-Lernen  Google  Internet  social  mobility  income  mobility  downward  mobility  competitive  comparative  advantage  competitiveness  competition  competitive  advantage  flat  globalization  globalisation  ProAm 
october 2014 by asterisk2a
BBC News - More student loans won't be repaid, government believes
Ministers estimated that 28% of loans would never be paid back in full when factoring their calculations. But now repayment levels are projected to drop so low that the government is close to getting back less money than it would have by keeping the old system. Responding to a parliamentary question, universities minister David Willetts said the government had been reviewing its modelling on student loans and now estimated that about 45% would be written off - an increase from 40% six months ago. Economics consultancy London Economics said the "tipping point" at which the costs of the new system will exceed those of the old one would be reached if 48.6% of all student loans were not repaid.
StudentLoans  Student  Loan  Bubble  debt  income  mobility  social  mobility  Super  Cycle  debt  education  policy  Public  babyboomers  Future  of  Work  practical  skills  practical  skill  set  Liberal  Arts  Mobile  Creative  Mobile  Creatives  apprenticeships  Trainee  Year  of  Code  Elite  Privileged  1%  meritocratic  meritocracy  Toff  UK  industrial  policy  manufacturing  destruction  Structural  Impediments  imbalance  faultlines  flat  world  service  economy  globalisation  globalization  David  Cameron  GFC  austerity  George  Osborne  Career  Politicians  short-term  thinking  short-term  view  Vision  Leadership 
october 2014 by asterisk2a
BBC News - Jobs market 'slow, painful contraction' predicted
'Lost generation' The Barnardo's study said the most disadvantaged unemployed 16 and 17-year-olds were seeing their chances of learning new skills to help them find work "rapidly declining". It said that government reforms to reduce unemployment were wrongly prioritising young people from the age of 18 and above. Barnardo's chief executive Anne Marie Carrie said: "Britain's uneven playing field is causing an entire generation of the most disadvantaged teenagers to become 'lost in transition'. "Proof of this lies in the unemployment rate for 16 and 17-year-olds, which has almost doubled over the last decade."
lost  generation  lost  decade  labour  economics  labour  market  recovery  UK  Structural  Impediments  unemployment  education  policy  apprenticeships  industrial  policy  manufacturing  added  value  London  youth  unemployment  unemployment  underemployed  working  poor 
october 2014 by asterisk2a
Why Americans Are Moving Less: New Jobs Aren't Worth It - Richard Florida - The Atlantic Cities
[symptom of the working poor and squeezed middle class and wage stagnation || http://youtu.be/_k9q8rBfRVY + http://youtu.be/akVL7QY0S8A + http://youtu.be/nIimu0LF4JA + http://youtu.be/BOMoC0_m5pQ // Americans are moving less—and not as far—because it's not nearly as worthwhile economically. Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities. Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves.
working  poor  squeezed  middle  class  wage  stagnation  inequality  income  mobility  income  inequality  social  mobility  USA  fiscal  policy  public  policy  Gini  coefficient  middle  class  Robert  Reich  economic  history  Thomas  Piketty  economics  microeconomic  policy  microeconomics  macroeconomic  policy  macroeconomics  elizabethwarren  Elizabeth  Warren  babyboomers  generational  contract  Debt  Super  Cycle  sovereign  crisis  private  consumer  bubble  jubilee  zombie  consumer  Consumerism  productivity  minimum  wage  living  wage  secular  stagnation  stagnation  labour  market  labour  market  participation  Super  Rich  lobby  Lobbying  lobbyist  crony  capitalism  revolving-door  presidency  barackobama  Career  Politicians  accountability  transparency  democracy  corporate  governance  governance  job  market  job  creation  skill-biased  technological  change  skills  knowledge  worker  White-collar  Blue-collar  Higher  Education  bubble  formal  cost  Apprenticeships  on  job  training  Germany  UK  Europe 
april 2014 by asterisk2a

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