Who are wages rising for?
Poll: The EU Referendum: What Will You Vote? (New Poll)
- Thread starter RJC
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Who are wages rising for?
Soldato
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Protest is the only form of politics for some people. It's almost like a secular religion. Whether they can swing it on the day, is yet to be seen.
Soldato
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Let's have a look. This is summary page of all relevant releases on the topic from the ONS:
http://www.ons.gov.uk/ons/taxonomy/...Video&sortDirection=DESCENDING&sortBy=pubdate
The latest headline figures and publications are to be found here, however:
http://www.ons.gov.uk/ons/taxonomy/index.html?nscl=Labour+Market
We're beasting, considering what we've gone through after 2008, way above inflation at 2.0% wage growth, which is at present -- http://ons.gov.uk/ons/rel/cpi/consumer-price-indices/january-2016/sum-cpi-jan-2016.html -- a soul-crushing 0.3%.
The worst off aren't really getting worse off in terms of money they can earn nor is there solid ground to claim that current migration levels are suppressing their wages beyond a statistical rounding error; but looking at the government's policy course, yes, they will feel the squeeze in in-work benefits, and food bank reliance may yet increase. Osborne bets on his living wage bringing this up to par again. Will it be effective? We shall see.
The picture is tougher for people out of work for long periods of time and with low skills but, as we've already discussed, the unemployment is falling and approaching full employment levels whilst job creation continues at a healthy clip, 58% of which goes to the natives.
The productivity puzzle remains, however it can't be laid at EU's doors. Everyone's baffled by it. And yet I sincerely doubt the picture outside the EU will be as cautiously optimistic as it is right now.
"Tim Montgomerie: I’m Leaving The Conservative Party"
"This charade over the EU is the final straw and it follows abject failure on immigration, deficit reduction and inequality"
http://www.breitbart.com/london/2016/02/17/tim-montgomerie-im-leaving-the-conservative-party/
More to leave the sinking ship
"This charade over the EU is the final straw and it follows abject failure on immigration, deficit reduction and inequality"
http://www.breitbart.com/london/2016/02/17/tim-montgomerie-im-leaving-the-conservative-party/
More to leave the sinking ship
Soldato
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They do about as well as the minimum wage allows them to. Considering the jump from the minimum wage to Osborne's living wage, at its introduction, would mean an effective pay increase of 1.1%. Don't forget also that it'll go up to £9 an hour by 2020, and with the historically low inflation that'll go further. Plus the tax threshold, before you have to start paying any, is now higher than ever before.
Youngsters on minimum wage had always had a raw deal. The EU doesn't set the rates for them, though.
Soldato
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"Tim Montgomerie: I’m Leaving The Conservative Party"
"This charade over the EU is the final straw and it follows abject failure on immigration, deficit reduction and inequality"
http://www.breitbart.com/london/2016/02/17/tim-montgomerie-im-leaving-the-conservative-party/
More to leave the sinking ship
Another clown without music.
The very best to him in his future endeavours.
Blame wage stagnation on the Tories and Lib Dems not on immigrants.
Soldato
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The thing is... what's the level of wage growth everyone will be happy with? You won't get a unanimous answer. But the facts are clear -- economic migrants aren't bringing the system down and making everyone destitute.
Not if you are under 25.
I agree it is not their fault and they should not be blamed, but a combination of an almost limitless supply of cheap labour and a minimum wage certainly isn't good for people.
Polly Toynbee is excoriating form with her piece on Cameron's ineptitude in Europe today.
I am torn between hoping Cameron gets nothing out of his renegotiations because his petulant incompetence deserves it and because so much of what he's asking for will make Europe worse and the knowledge that we probably need him to get something out if we're to stay in the EU. Yuck.
I am torn between hoping Cameron gets nothing out of his renegotiations because his petulant incompetence deserves it and because so much of what he's asking for will make Europe worse and the knowledge that we probably need him to get something out if we're to stay in the EU. Yuck.
Another clown without music.
Got to ask but why is he a clown? and may I ask if you're a student or full time worker?
Two more polls out. ICM is back to showing a small Remain lead (43%-39%) while MORI's phone poll continues to show a strong Remain lead (54%-36%).
It's all pretty irrelevant because even if we voted Out at the first referendum by the time the second one comes round after a few titbits it will be an In vote.
One thing is very certain when the eventual In vote happens there are going to be at least half the country very upset and it's already been predicted we're going to see some hellish civil disobedience similar to Greece.
There won't be a second vote. If we vote to leave; we'll leave.
Like in Ireland?
Ireland never voted to leave the EU.
Don't be ridiculous.
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