The return of opportunity

As labour returns to Europe and creates skills shortages, it is becoming evidently clear how the abundance of cheap labour has affected employment conditions and enabled employers to skimp on investment and modernisation. On this morning’s Today program the Construction Industry Training Board confirm that we will have to train more of our own people and invest in new technologies to replace the “cheap, imported labour”. This will start to reverse the long term decline in training. Finally the young and the unskilled, millions of whom are trapped in part-time or temporary work, zero hour contracts, exploitative jobs in the gig economy or unpaid internships, will have the chance to get a foot on the economic ladder. It also shows how wrong the many pseudo-intellectual studies have been that claimed that the millions of new workers we have absorbed since 2008, a time of stagnant economic growth, have had no detrimental effect on pay and conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *

Leave a Reply

Your email address will not be published. Required fields are marked *