UK Politics

[steviewevie]

23 minutes ago, lazyred said:

Next April it is minimum wage rises plus employers NI changes plus reducing small Business Rates relief. It is a lot to absorb in one go.

yes, but all that lovely investment in public services and clean energy.

[steviewevie]

ok...makes sense now...

 

[steviewevie]

3 hours ago, lost said:

 

Intersting post after the last one as the exponential rise is due to the industrial revolution / fossil fuels. Cheap energy is inextricably linked to growth, life expectancy and the removal of child labour and slavery from society.

also...empire (and slavery) helped with that too...nice bit of globalisation/exploitation.

[Alvoram]

3 hours ago, steviewevie said:

people have talked about min wage leading to higher umemployement since early 2000s...and yet...

I'm not saying it will lead to higher unemployment overall, read it again. 

I'm saying that if they continue to close the minimum wage gap between an experienced 21+ year old, and an inexperienced 16 - 20 year old, then why would you go for somebody inexperienced? It's young people that minimum wage rises will affect, in that it will mean they have to compete more for low skilled jobs, that much is obvious, is it not? 

In regards to the overall minimum wage rise, that's only going to hit point of sale prices. It will lead to job losses, but probably not enough to affect overall figures. Ultimately it will depend on how much the consumer is willing to swallow the price increases and keep spending.

[steviewevie]

1 minute ago, Alvoram said:

I'm not saying it will lead to higher unemployment overall, read it again. 

I'm saying that if they continue to close the minimum wage gap between an experienced 21+ year old, and an inexperienced 16 - 20 year old, then why would you go for somebody inexperienced? It's young people that minimum wage rises will affect, in that it will mean they have to compete more for low skilled jobs, that much is obvious, is it not? 
 

because of employee flexibility? because of demand for those sort of jobs? 

Anyway, we'll see. 

I bet you £10000000000000 that there will be a negligible rise if any in young person unemployment because of this measure.

[Alvoram]

6 minutes ago, steviewevie said:

because of employee flexibility? because of demand for those sort of jobs? 

Anyway, we'll see. 

I bet you £10000000000000 that there will be a negligible rise if any in young person unemployment because of this measure.

I'll put you a tenner on it. But you need to define negligible, especially since I was specifically stating this as an 'if they continue to close the gap!' At the moment there's still a £2 difference, which is 'probably' enough of an incentive to give inexperienced youngsters an opportunity. 

But yeh, I'll still put a tenner on it, if youth unemployment goes up at all next year, you donate a tenner to my chosen charity, and if it doesn't or it drops, I'll donate to yours. 🙂 That's a bet I'll take, as I do think overall unemployment figures will rise, and thus, so will youth unemployment. 

Edited: Changed it to a tenner... Feeling flush haha

Edited 46 minutes ago by Alvoram

[steviewevie]

1 minute ago, Alvoram said:

I'll put you a tenner on it. But you need to define negligible, especially since I was specifically stating this as an 'if they continue to close the gap!' At the moment there's still a £2 difference, which is 'probably' enough of an incentive to give inexperienced youngsters an opportunity. 

But yeh, I'll still put a tenner on it, if youth unemployment goes up at all next year, you donate a tenner to my chosen charity, and if it doesn't or it drops, I'll donate to yours. 🙂 That's a bet I'll take, as I do think overall unemployment figures will rise, and thus, so will youth unemployment. 

Ok yeah whatever a tenner..if that helps...

[steviewevie]

Anyone want a bet on GDP in 2035?

Or average NHS waiting times in 2028?

Or whether anything exists in 3094?

Edited 42 minutes ago by steviewevie

[steviewevie]

3 minutes ago, steviewevie said:

Ok yeah whatever a tenner..if that helps...

I won't pay it by the way...lost numerous bets on here and never paid a penny.

[lost]

22 minutes ago, steviewevie said:

also...empire (and slavery) helped with that too...nice bit of globalisation/exploitation.

 

UK abolished the slave trade in 1807 and passed the factory act in 1833. Both a product of the industrial revolution. One barrel of oil has the same amount of energy of up to 25,000 hours of hard human labour (12.5 years of work)

Edited 35 minutes ago by lost

[Crazyfool01]

dont believe youngsters should be paid any less in my industry ( retail ) .... its numbers we need and paying youngsters a bit more would be a good way of encouraging them and potentially retaining them longer . you really dont need to be skilled 

[steviewevie]

4 minutes ago, Crazyfool01 said:

dont believe youngsters should be paid any less in my industry ( retail ) .... its numbers we need and paying youngsters a bit more would be a good way of encouraging them and potentially retaining them longer . you really dont need to be skilled 

yeah but it's cheap labour.