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Doesn't the UK have some of the lowest productivity in Europe?
Yes. But one of the highest employment rates.
Swings and roundabouts. See France.
I read an interesting article a while back explaining why the idea of full employment and high productivity is impossible. I'll have a hunt for it.
Also in light of climate change issues is increased productivity actually desirable?
hugo7-
Productivity (if you measure it properly) is always good.
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You can’t have full employment and maintain the incentive to ‘do a good job’ (AKA not getting fired)? To maintain productivity employers need to have good applicants. They’re somewhat reliant on a constant pool of jobseekers.
I don’t think the answer is increased unemployment ... more that we need to completely overhaul the quality, speed and access to adult education and training. ‘Connectivity’ (public transport, web access etc) impacts the spread of the net for applicants. Even housing matters. Those reliant on social assistance won’t move for a job if there is high risk of not being able to plug the gap between housing benefit and the real rent cost. There is no housing pool.
Sorting these also happen to be a good way to increase productivity :)
miro_o
True although that requires better working conditions which doesn't seem something that the billionaires are willing to support.
Doesn't the UK have some of the lowest productivity in Europe?