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• #1702
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?
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• #1703
those employment rates are artificially inflated though
and yes, increased productivity is desirable because it means we can return some of those gains in productivity to workers in the form of time (i.e. not in increased wages or, worse, shareholder dividends)
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• #1704
Productivity (if you measure it properly) is always good.
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• #1705
How much of the low productivity is due to people posting on lfgss / mumsnet / pistonheads all day instead of working?
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• #1706
Joke obvs
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• #1707
You canât have full employment and maintain the incentive to âdo a good jobâ (AKA not getting fired)? To maintain productivity employers need to have good applicants. Theyâre somewhat reliant on a constant pool of jobseekers.
I donât think the answer is increased unemployment ... more that we need to completely overhaul the quality, speed and access to adult education and training. âConnectivityâ (public transport, web access etc) impacts the spread of the net for applicants. Even housing matters. Those reliant on social assistance wonât 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 :)
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• #1708
How much of the low productivity is due to people posting on lfgss / mumsnet / pistonheads all day instead of working?
in my case its 90%+
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• #1709
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• #1710
I don't think anyone could claim that that money was anything but an investment in our shared cultural heritage though.
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• #1711
Ha - my ninja edit of the snarkiness wasn't quick enough. Sorry ;)
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• #1712
I feel targeted
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• #1713
Was reading the latest version of this ongoing review of the polls:
https://twitter.com/centrist_phone/status/1203719501881188354?and found this LSE forecast in the comments, is interesting
https://blogs.lse.ac.uk/politicsandpolicy/ge2019-pm-and-the-pendulum/ -
• #1714
No chance, thatâs got to be Spain.
Iâve just come back from somewhere near Stoke which was very Tory, it was weird. -
• #1715
No chance, thatâs got to be Spain
You'd be surprised. Spain isn't the lowest by some way in terms of GDP per hours worked. It's also actually quite close to the UK in terms of Euros produced by hours worked. Something like 30 euros to our 38 euros.
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• #1716
random image off the internet
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• #1717
Nice. Just rechecked my source and my (roughly remembered) figures were from 2012. Wonder why Spanish productivity has increased? Anyway...the king of derails is going to step away from this thread.
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• #1718
In a modern economy the main determinant of labour productivity is the amount of investment there is backing up each job. In UK ten years of austerity and stagnant or declining real wage levels have provided no incentive for investment to become more productive. Consumer spending is dropping away and is propped up by unsustainable personal debt. Add in the brexit effect and it's a wonder we haven't sunk into the lowest category.
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• #1719
Checking again for my hidden Irish ancestry.
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• #1721
Ireland âlooksâ productive because Ireland âlooks likeâ (is) a corporate tax haven.
One of the reasons why gdp/hours worked isnât a great measure of productivity by itself.
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• #1722
ian dunt has really shown his arse in this election
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• #1724
.
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• #1725
Brick Lane Bikes getting airtime on this Momentum vid, 1.20 on.
https://www.facebook.com/763193973/posts/10158515559803974/?sfnsn=scwspmo&d=n&vh=e
this observer 'guide' is absolutely worthless. e.g. it is recommending the SNP in east lothian (a LAB-held seat with a 3k majority) and it was recommending the SNP in kirkcaldy... but there's no SNP candidate in that seat as they were withdrawn due to antisemitism
velocio guide looks broadly sensible from a few constituencies I plugged in (e.g. kensington, east lothian, glasgow seats) tho would prefer if it recommended LAB in the SNP/LAB marginals. easier to get a LAB govt (and kick the tories out) if they don't have to make concessions to the SNP. (think westminster and finchley should be LAB recommendations too). I'd probably recommend SNP (over LAB) in glasgow south because the candidate is đ¤Ž