UK productivity falls to pre-crisis level UK productivity falls to pre-crisis level
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    Default UK productivity falls to pre-crisis level

    UK productivity falls to pre-crisis level - BBC News

    Britain’s wealth problem – we don’t create enough of it - BBC News

    Today's productivity figures are bad to the point of shocking.

    Lord Adair Turner, the former head of the Low Pay Commission, yesterday and he made a rather startling - but correct - admission.

    "The UK over the last 10 years has created a lot of jobs, but today real wages are below where they were in 2007," he said.

    "That is not the capitalist system delivering its promise that over a decade or so it will raise all boats, and it is a very fundamental issue.

    "There is something about the economy which - left to itself - will proliferate very, very low paid jobs."

    The ever increasing wealth gap is coming home to roost now.

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    Quote Originally Posted by BrilloPad View Post
    UK productivity falls to pre-crisis level - BBC News

    Britain’s wealth problem – we don’t create enough of it - BBC News

    Today's productivity figures are bad to the point of shocking.

    Lord Adair Turner, the former head of the Low Pay Commission, yesterday and he made a rather startling - but correct - admission.

    "The UK over the last 10 years has created a lot of jobs, but today real wages are below where they were in 2007," he said.

    "That is not the capitalist system delivering its promise that over a decade or so it will raise all boats, and it is a very fundamental issue.

    "There is something about the economy which - left to itself - will proliferate very, very low paid jobs."

    The ever increasing wealth gap is coming home to roost now.
    What is the change in productivity in USD terms?
    Where there's muck there's brass.

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    How does productivity decrease in the face of so much job creation? What more proof do you need the government's figures are all smoke and mirrors?
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

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    Quote Originally Posted by BrilloPad View Post
    "There is something about the economy which - left to itself - will proliferate very, very low paid jobs."
    Brexit will fix it - Deliveroo "partners" will be doing PhDs work in pharma companies.

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