New research by the International Longevity Centre, the UK’s leading think tank on the impact of longevity on society, highlights deep-seated inequalities in the UK’s changing labour market and the critical condition of the current economy.
The recently publicised increase in the number of economically inactive adults due to long term sickness brings to the fore deep seated problems in the UK labour market, according to newly completed research by the International Longevity Centre and Bayes Business School (formerly Cass).
The ILC’s analysis over a 30-year period identifies four strategic concerns:
• A shortage of active workers: There are now only 1.7 economically active workers for each inactive adult aged 16+. Despite pension reforms and the removal of the default retirement age at 65, this level is the same as it was 30 years ago in 1992.
• Too many inactive workers are ill: Of the 8.9m inactive adults under 65, 2.5 million are long term sick, almost a 0.5m increase since 2019.
• Numbers in work have increased but men much less than women: The population has grown by 18% since 1992. But while the number of economically active women has increased by 30.6%, the number of economically active men has increased by only 11.3%. Meanwhile the number of women working full-time has increased by 49.2%, the number of men working part-time is up by 130%.
• The gap between jobs and skills is growing: The UK population is expected to grow to 72m by 2040. Since 1992, jobs in manufacturing have declined by 37%, while jobs in service sectors are up by 74%. Previous ILC research estimates a shortfall of 2.6m workers by 2030 – yet economic activity rates among 18-24 years olds are almost 50% of the level in 1992 exacerbating labour shortages elsewhere in the economy.
Health inequalities are a major limiting factor in preventing people from working. In the unhealthiest local authorities, like Blackpool or Hull, health expectancy is less than 57 years compared with over 70 years in the healthiest such as Wokingham. If health expectancy increased by one year this would increase working lives by 3.4 months and significantly reduce the burden on the NHS and welfare costs.
Keeping people healthy is clearly beneficial to the economy given the inequalities highlighted above. But there is a double cost represented by a loss of income plus increases in the cost of health care and sickness and disability benefits.
For example, spending on working-age health and disability benefits is over £45bn a year and accounts for about 1.6% of GDP, higher than the previous peak in 1992 when it was 1.5%. Spending on healthcare is also far greater than it needs to be.
The Longevity Economy - The Missing (Employer) Dividend - Presentation to Australian Human Resources Institute Diversity & Inclusion Conference Sydney 3 May 2018
Stephen C. Goss Presentation for Mercatus Center SSDI PanelMercatus Center
The Social Security Disability Insurance (DI) trust fund’s projected 2016 depletion will require Congress to act soon to prevent large, sudden benefit cuts.
Experts on both sides of the aisle have noted that a “quick fix” of simply shifting payroll taxes from Social Security’s much larger retirement trust fund (OASI) into DI, without further reform, could cost Congress its last chance to solve Social Security’s broader financing problems before it is too late. What more responsible reform options are available?
The Mercatus Center and the Committee for a Responsible Federal Budget hosted a discussion on May 12 on how best to respond to SSDI’s financing crisis.
Managing the health and wellbeing of an increasingly age diverse workforce to safeguard future talent. A 21st Century business challenge
In this white paper Dianah Worman OBE, Public Policy Adviser for Diversity at the CIPD, looks at the key facts and figures surrounding the age diversity of the UK workforce and potential of older workers to fill any skills shortages.
Between 2002 and 2032 the number of people over fifty will almost double from 9 million to 17 million. In 2012 over fifties made up 29% of the working population compared to 25% in 2002.
The UK Commission for Employment and Skills projects that in the next ten years there will be 13.5 million job vacancies but only 7 million people leaving school. Businesses could look to older workers to fill these job vacancies and plug any skills shortages. Naturally there are assumptions and concerns that businesses have around older workers such as health and wellbeing, absence management, and capabilities. This paper addresses the myths and the facts, and examines the different types of older workers.
Plugging the gap: Estimating the demand and supply of jobs by sector in 2030ILC- UK
Rough estimates suggest a further 2.7m jobs will be created in the UK by 2030. However, at the same time, the UK workforce is ageing rapidly, resulting in fewer people of working age to support an ageing economy.
This presentation explores whether there will be enough workers to fill these positions. According to our research, the UK economy could see a shortfall of 2.6 million workers by 2030 - almost twice the workforce of the NHS.
Plugging the gap: Estimating the demand and supply of jobs by sector in 2030ILC- UK
The UK economy could see a shortfall of 2.6 million workers by 2030 – almost twice the workforce of the NHS – as a result of population ageing, the COVID pandemic and Brexit.
These shortfalls will affect the whole economy, with manufacturing, retail, construction, transport, health and social care among the sectors projected to be hardest hit.
To plug these gaps, Government must introduce a comprehensive Workforce Strategy looking at:
How to support people to stay in the workforce for longer, e.g. by supporting healthy workplaces, supporting carers and creating flexible conditions that suit people’s needs.
How to ameliorate childcare costs and reintegrate people into the workforce following timeout for caring or a health need
The role of migration and automation in addressing major workforce gaps
The Longevity Economy - The Missing (Employer) Dividend - Presentation to Australian Human Resources Institute Diversity & Inclusion Conference Sydney 3 May 2018
Stephen C. Goss Presentation for Mercatus Center SSDI PanelMercatus Center
The Social Security Disability Insurance (DI) trust fund’s projected 2016 depletion will require Congress to act soon to prevent large, sudden benefit cuts.
Experts on both sides of the aisle have noted that a “quick fix” of simply shifting payroll taxes from Social Security’s much larger retirement trust fund (OASI) into DI, without further reform, could cost Congress its last chance to solve Social Security’s broader financing problems before it is too late. What more responsible reform options are available?
The Mercatus Center and the Committee for a Responsible Federal Budget hosted a discussion on May 12 on how best to respond to SSDI’s financing crisis.
Managing the health and wellbeing of an increasingly age diverse workforce to safeguard future talent. A 21st Century business challenge
In this white paper Dianah Worman OBE, Public Policy Adviser for Diversity at the CIPD, looks at the key facts and figures surrounding the age diversity of the UK workforce and potential of older workers to fill any skills shortages.
Between 2002 and 2032 the number of people over fifty will almost double from 9 million to 17 million. In 2012 over fifties made up 29% of the working population compared to 25% in 2002.
The UK Commission for Employment and Skills projects that in the next ten years there will be 13.5 million job vacancies but only 7 million people leaving school. Businesses could look to older workers to fill these job vacancies and plug any skills shortages. Naturally there are assumptions and concerns that businesses have around older workers such as health and wellbeing, absence management, and capabilities. This paper addresses the myths and the facts, and examines the different types of older workers.
Plugging the gap: Estimating the demand and supply of jobs by sector in 2030ILC- UK
Rough estimates suggest a further 2.7m jobs will be created in the UK by 2030. However, at the same time, the UK workforce is ageing rapidly, resulting in fewer people of working age to support an ageing economy.
This presentation explores whether there will be enough workers to fill these positions. According to our research, the UK economy could see a shortfall of 2.6 million workers by 2030 - almost twice the workforce of the NHS.
Plugging the gap: Estimating the demand and supply of jobs by sector in 2030ILC- UK
The UK economy could see a shortfall of 2.6 million workers by 2030 – almost twice the workforce of the NHS – as a result of population ageing, the COVID pandemic and Brexit.
These shortfalls will affect the whole economy, with manufacturing, retail, construction, transport, health and social care among the sectors projected to be hardest hit.
To plug these gaps, Government must introduce a comprehensive Workforce Strategy looking at:
How to support people to stay in the workforce for longer, e.g. by supporting healthy workplaces, supporting carers and creating flexible conditions that suit people’s needs.
How to ameliorate childcare costs and reintegrate people into the workforce following timeout for caring or a health need
The role of migration and automation in addressing major workforce gaps
Working Better With Age: Engaging Older WorkersStephen Moore
In Newfoundland and Labrador, there are 44,000 workers over the age of 55 who are willing to work if they receive an attractive job offer. This is an introductory look at how we can keep them working to grow the labour force.
In this comprehensive chapter on unemployment, we embark on an explorative journey into the intricate dynamics of joblessness, aiming to dissect its multifaceted nature and illuminate pathways towards meaningful solutions.
We commence our inquiry by delineating the diverse manifestations of unemployment, discerning between frictional, structural, cyclical, and seasonal unemployment. Each form bears its distinct characteristics and implications, necessitating nuanced approaches for effective intervention.
Delving deeper, we unravel the underlying drivers of unemployment, which encompass a constellation of factors spanning technological innovation, globalization, mismatched skills, and economic fluctuations. Understanding these root causes is pivotal for devising targeted strategies that address the systemic barriers to employment.
Furthermore, we scrutinize the reverberating ripple effects of unemployment across individuals, families, and communities. From financial insecurity and diminished well-being to social disintegration and diminished human capital, the repercussions of joblessness permeate every facet of society, underscoring the urgency of concerted action.
Turning our gaze towards potential remedies, we embark on a quest to unearth pathways towards inclusive prosperity. We advocate for investments in education and skills development, fostering a dynamic workforce equipped to thrive in an ever-evolving labor market. Additionally, we champion the imperative of proactive labor market policies, including job creation initiatives, wage subsidies, and retraining programs tailored to the needs of vulnerable populations.
Moreover, we spotlight the catalytic role of entrepreneurship and innovation in engendering job growth and economic resilience. By cultivating an ecosystem conducive to enterprise, we nurture the seeds of innovation and empower individuals to chart their own pathways to prosperity.
Yet, our quest for solutions extends beyond policy prescriptions to encompass a broader ethos of social solidarity and collective responsibility. We underscore the imperative of forging partnerships across sectors, harnessing the collective ingenuity of government, business, civil society, and academia to forge a more equitable and inclusive future.
In sum, this chapter serves as a testament to the complexities of unemployment and the imperative of collective action. By embracing a holistic approach that addresses the structural roots of joblessness while fostering individual empowerment, we can aspire towards a future where every individual has the opportunity to realize their full potential and contribute meaningfully to society.
On Tuesday, 7 July, ESRI researcher Mark Regan, hosted a webinar titled 'Child poverty in Ireland and the pandemic recession'.
The webinar explored the key findings from a report that was launched on the same day. This report can be read here: https://www.esri.ie/publications/child-poverty-in-ireland-and-the-pandemic-recession
A video of the webinar can be viewed here:
https://www.youtube.com/watchv=XKLoOAB3jAI&feature=emb_title
Longer-term forecastings - David Turner, Economics Department, OECDOECD Governance
This presentation was made by David Turner, Economics Department, OECD, at the 11th Meeting of OECD PBO & IFIs held in Lisbon, Portugal, on 4-5 February 2019
The 2014 edition of the OECD Employment Outlook reviews recent labour market trends and short-term prospects in OECD and key emerging economies. It zooms in on how the crisis has affected earnings, provides country comparisons of job quality, examines the causes and consequences of non-regular employment, and estimates the impact of qualifications and skills on labour market outcomes.
Accelerated economic growth and the interlinked expanding processes of economic, social and institutional transformations require social protection policies in Uzbekistan being also transformed. The new system must not just protect, but also help people to get adapted to the rapidly changing socio-economic environment, bring marginal strata of the population into the mainstream and economic activity, thereby changing the portrait of society and shaping new values and behavioral stereotypes.
Permanent Secretary Martti Hetemäki's (Ministry of Finance) presentation at the Economic Policy Council seminar on Labour Market Reforms, 24 January 2017.
See also:
https://www.talouspolitiikanarviointineuvosto.fi/en/improved-jobs-numbers-will-not-be-enough-to-fix-the-problems-in-public-finances/
https://www.talouspolitiikanarviointineuvosto.fi/en/home/
HLEG thematic workshop on Measurement of Well Being and Development in Africa...StatsCommunications
HLEG thematic workshop on Measurement of Well Being and Development in Africa, 12-14 November 2015, Durban, South Africa, More information at: www.oecd.org/statistics/measuring-economic-social-progress
29Oct14 - Productive Ageing - Dr Ros Altmann ILC- UK
This Robert Butler Memorial Lecture, held on Wednesday 29th October 2014, was part of the ILC Global Alliance visit to the UK.
Robert Butler, founder of ILC US, was a passionate believer in the importance of health and productive ageing and we were honoured that Dr Ros Altmann, government’s Business Champion for Older Workers agreed to give the Lecture.
Fluctuations of employment across age and gender - Enrico Zaninotto, Roberto ...OECD CFE
Presentation of Enrico Zaninotto, Full Professor, Department of Economics and Management, University of Trento, Italy at the fourth meeting of the Spatial productivity Lab of the OECD Trento Centre held on 17 April 2019.
More info http://oe.cd/SPL
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...ILC- UK
The Healthy Ageing and Prevention Index is an online tool created by ILC that ranks countries on six metrics including, life span, health span, work span, income, environmental performance, and happiness. The Index helps us understand how well countries have adapted to longevity and inform decision makers on what must be done to maximise the economic benefits that comes with living well for longer.
Alongside the 77th World Health Assembly in Geneva on 28 May 2024, we launched the second version of our Index, allowing us to track progress and give new insights into what needs to be done to keep populations healthier for longer.
The speakers included:
Professor Orazio Schillaci, Minister of Health, Italy
Dr Hans Groth, Chairman of the Board, World Demographic & Ageing Forum
Professor Ilona Kickbusch, Founder and Chair, Global Health Centre, Geneva Graduate Institute and co-chair, World Health Summit Council
Dr Natasha Azzopardi Muscat, Director, Country Health Policies and Systems Division, World Health Organisation EURO
Dr Marta Lomazzi, Executive Manager, World Federation of Public Health Associations
Dr Shyam Bishen, Head, Centre for Health and Healthcare and Member of the Executive Committee, World Economic Forum
Dr Karin Tegmark Wisell, Director General, Public Health Agency of Sweden
Working Better With Age: Engaging Older WorkersStephen Moore
In Newfoundland and Labrador, there are 44,000 workers over the age of 55 who are willing to work if they receive an attractive job offer. This is an introductory look at how we can keep them working to grow the labour force.
In this comprehensive chapter on unemployment, we embark on an explorative journey into the intricate dynamics of joblessness, aiming to dissect its multifaceted nature and illuminate pathways towards meaningful solutions.
We commence our inquiry by delineating the diverse manifestations of unemployment, discerning between frictional, structural, cyclical, and seasonal unemployment. Each form bears its distinct characteristics and implications, necessitating nuanced approaches for effective intervention.
Delving deeper, we unravel the underlying drivers of unemployment, which encompass a constellation of factors spanning technological innovation, globalization, mismatched skills, and economic fluctuations. Understanding these root causes is pivotal for devising targeted strategies that address the systemic barriers to employment.
Furthermore, we scrutinize the reverberating ripple effects of unemployment across individuals, families, and communities. From financial insecurity and diminished well-being to social disintegration and diminished human capital, the repercussions of joblessness permeate every facet of society, underscoring the urgency of concerted action.
Turning our gaze towards potential remedies, we embark on a quest to unearth pathways towards inclusive prosperity. We advocate for investments in education and skills development, fostering a dynamic workforce equipped to thrive in an ever-evolving labor market. Additionally, we champion the imperative of proactive labor market policies, including job creation initiatives, wage subsidies, and retraining programs tailored to the needs of vulnerable populations.
Moreover, we spotlight the catalytic role of entrepreneurship and innovation in engendering job growth and economic resilience. By cultivating an ecosystem conducive to enterprise, we nurture the seeds of innovation and empower individuals to chart their own pathways to prosperity.
Yet, our quest for solutions extends beyond policy prescriptions to encompass a broader ethos of social solidarity and collective responsibility. We underscore the imperative of forging partnerships across sectors, harnessing the collective ingenuity of government, business, civil society, and academia to forge a more equitable and inclusive future.
In sum, this chapter serves as a testament to the complexities of unemployment and the imperative of collective action. By embracing a holistic approach that addresses the structural roots of joblessness while fostering individual empowerment, we can aspire towards a future where every individual has the opportunity to realize their full potential and contribute meaningfully to society.
On Tuesday, 7 July, ESRI researcher Mark Regan, hosted a webinar titled 'Child poverty in Ireland and the pandemic recession'.
The webinar explored the key findings from a report that was launched on the same day. This report can be read here: https://www.esri.ie/publications/child-poverty-in-ireland-and-the-pandemic-recession
A video of the webinar can be viewed here:
https://www.youtube.com/watchv=XKLoOAB3jAI&feature=emb_title
Longer-term forecastings - David Turner, Economics Department, OECDOECD Governance
This presentation was made by David Turner, Economics Department, OECD, at the 11th Meeting of OECD PBO & IFIs held in Lisbon, Portugal, on 4-5 February 2019
The 2014 edition of the OECD Employment Outlook reviews recent labour market trends and short-term prospects in OECD and key emerging economies. It zooms in on how the crisis has affected earnings, provides country comparisons of job quality, examines the causes and consequences of non-regular employment, and estimates the impact of qualifications and skills on labour market outcomes.
Accelerated economic growth and the interlinked expanding processes of economic, social and institutional transformations require social protection policies in Uzbekistan being also transformed. The new system must not just protect, but also help people to get adapted to the rapidly changing socio-economic environment, bring marginal strata of the population into the mainstream and economic activity, thereby changing the portrait of society and shaping new values and behavioral stereotypes.
Permanent Secretary Martti Hetemäki's (Ministry of Finance) presentation at the Economic Policy Council seminar on Labour Market Reforms, 24 January 2017.
See also:
https://www.talouspolitiikanarviointineuvosto.fi/en/improved-jobs-numbers-will-not-be-enough-to-fix-the-problems-in-public-finances/
https://www.talouspolitiikanarviointineuvosto.fi/en/home/
HLEG thematic workshop on Measurement of Well Being and Development in Africa...StatsCommunications
HLEG thematic workshop on Measurement of Well Being and Development in Africa, 12-14 November 2015, Durban, South Africa, More information at: www.oecd.org/statistics/measuring-economic-social-progress
29Oct14 - Productive Ageing - Dr Ros Altmann ILC- UK
This Robert Butler Memorial Lecture, held on Wednesday 29th October 2014, was part of the ILC Global Alliance visit to the UK.
Robert Butler, founder of ILC US, was a passionate believer in the importance of health and productive ageing and we were honoured that Dr Ros Altmann, government’s Business Champion for Older Workers agreed to give the Lecture.
Fluctuations of employment across age and gender - Enrico Zaninotto, Roberto ...OECD CFE
Presentation of Enrico Zaninotto, Full Professor, Department of Economics and Management, University of Trento, Italy at the fourth meeting of the Spatial productivity Lab of the OECD Trento Centre held on 17 April 2019.
More info http://oe.cd/SPL
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...ILC- UK
The Healthy Ageing and Prevention Index is an online tool created by ILC that ranks countries on six metrics including, life span, health span, work span, income, environmental performance, and happiness. The Index helps us understand how well countries have adapted to longevity and inform decision makers on what must be done to maximise the economic benefits that comes with living well for longer.
Alongside the 77th World Health Assembly in Geneva on 28 May 2024, we launched the second version of our Index, allowing us to track progress and give new insights into what needs to be done to keep populations healthier for longer.
The speakers included:
Professor Orazio Schillaci, Minister of Health, Italy
Dr Hans Groth, Chairman of the Board, World Demographic & Ageing Forum
Professor Ilona Kickbusch, Founder and Chair, Global Health Centre, Geneva Graduate Institute and co-chair, World Health Summit Council
Dr Natasha Azzopardi Muscat, Director, Country Health Policies and Systems Division, World Health Organisation EURO
Dr Marta Lomazzi, Executive Manager, World Federation of Public Health Associations
Dr Shyam Bishen, Head, Centre for Health and Healthcare and Member of the Executive Committee, World Economic Forum
Dr Karin Tegmark Wisell, Director General, Public Health Agency of Sweden
Redefining lifelong learning webinar presentation slides.pptxILC- UK
We know that we’re living longer, which means many people will also be working for longer. One in seven people over 65 are still employed in the UK, but we’re still seeing challenges in our labour markets.
According to the ILC’s Healthy Ageing and Prevention Index, the UK’s work span is only 31.5 years, ranking the UK 47th out of 121 countries. Skills shortages driven by demographic change are hitting all sectors of the UK’s economy: by 2030, we could see a shortage of 2.6 million workers. On the other hand, if UK employment rates for those aged 50 to 64 matched the rates of those aged 35 to 49, the country’s GDP would increase by more than 5%.
One way to improve work span and employment is through lifelong learning. However, in the UK, as the Learning and Work Institute’s Adult Participation in Learning survey showed, rates of learning continue to fall with age. In 2023, only 36% of people aged 55 to 64, 24% of those aged 65 to 74, and 17% of those aged 75 and over said that they’d taken part in any kind of learning in the past three years.
To better understand the approaches in other countries, we consulted with experts in lifelong learning, both from the UK and globally. ILC's report, in collaboration with Phoenix Insights, Redefining lifelong learning: lessons from across the globe considers the approaches taken in Singapore, Japan, South Korea, Canada, Germany, the Netherlands and Sweden. While each country’s approach is different, and shaped by its wider cultural, political and economic context, there are some common threads including: learning culture; the range of learning opportunities on offer; levels of support and investment; and accessibility
"If only I had"... LV= insights into retirement planning webinarILC- UK
As part of this debate LV= shares the findings from their quarterly Wealth and Wellbeing research programme, which surveys a nationally representative sample of 4,000 adults across the UK on a variety of topics, including their changing attitude to their finances and their wider wellbeing.
Healthy Ageing and Prevention Index - Our impactILC- UK
This year, ILC-UK launched the Healthy Ageing and Prevention Index. This slide deck summarizes what we’ve achieved so far and sets out our plans for 2024 to continue to shape the agenda on global health.
Alongside the G20 Health Ministers’ meeting in Gandhinagar, India, in August, ILC-India and ILC-UK held a joint high-level side event to amplify the importance of healthy ageing and prevention among the G20.
Leaving no one behind: Progress on Life Course Immunisation Roundtable – alon...ILC- UK
Leaving no one behind: Progress on Life Course Immunisation Roundtable – alongside the World Health Assembly
Date: Tuesday 23 May 2023
Time: 13.00 – 14.30 (CET), followed by refreshments
Location: Geneva Press Club, Geneva, Switzerland
Global launch of the Healthy Ageing and Prevention Index alongside the 76th World Health Assembly
Date: Tuesday 23 May 2023
Time: 3.30pm – 4.30pm (CET) launch, followed by networking with refreshments
Location: Geneva Press Club, Geneva, Switzerland
G7 high-level side event in Niigata: Healthy ageing and prevention
Date: Wednesday 10 May 2023
Time: 2.00pm – 3.30pm (JST), followed by networking with refreshments
Location: Niigata, Japan
Vaccine confidence in Central and Eastern Europe working lunchILC- UK
At this exclusive working lunch, we discussed the International Longevity Centre UK’s (ILC-UK) forthcoming report on vaccine confidence in Central & Eastern Europe (CEE).
During this event, we shared the findings from our policy publication on what we think should be the priorities for the G20 in India and the key messages we want to disseminate to ministers and world leaders. We heard from experts on the opportunities and challenges to engage India and the G20 with prevention and healthy ageing and identify further opportunities to maximise our engagement while at the G20 in September.
Final Marathon or sprint launch Les Mayhew slides 19 April.pptxILC- UK
Research by the International Longevity Centre UK (ILC) funded by Bayes Business School — based on Commonwealth Games competitor records since the inaugural event in 1930 — shows large differences in the longevity of medal winners compared to people in the general population that were born in the same year. A report finds that top-level sports people can live over 5 years longer than the rest of the population.
Launching Trial and error: Supporting age diversity in clinical trialsILC- UK
During this virtual event, Esther McNamara, ILC's Senior Health Policy Lead, presents the Trial and error report’s findings and recommendations. A panel of five experts respond to the report and discuss how improved age diversity will benefit patients of all ages.
Report launch - Moving the needle: Improving uptake of adult vaccination in J...ILC- UK
Launch of the Moving the needle report, produced by ILC-UK in partnership with Stripe Partners.
This event was chaired by Dr Noriko Cable, Honorary Senior Research Fellow, Institute of Epidemiology & Health, UCL. Speakers include:
Arabella Trower, Senior Consultant, Stripe Partners
David Sinclair, Chief Executive, ILC-UK
Dr Charles Alessi, Chief Clinical Officer, éditohealth
Jason James, Director General, Daiwa Anglo-Japanese Foundation
Dr Michael Hodin, CEO, Global Coalition on Aging
Prof Itamar Grotto - Better preparedness, better resultsILC- UK
Presented at the "Pandemics and longevity: Will we die, survive, or thrive next time?" webinar, by ILC-UK
Date: Thursday 16 March 2023
Time: 1.30pm – 3.00pm (GMT)
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when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
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how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
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3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
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Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
1. Is the UK labour
market still working?
Long term changes confirm the need
for a government workforce strategy
Professor Les Mayhew Bayes Business School and
ILC-UK and Dr Vivien Burrows ILC-UK
February 2023
2. Background
• There are concerns about the size and sufficiency of the UK labour market relative
to future demand for workers
• ILC predicts a shortfall of 2.6m workers by 2030, caused in part by an ageing population (see
Plugging the Gap) However,
– The present state of the UK economy doesn’t bode well, with high inflation raising
household living costs, and the recent wave of strikes suggesting work is no longer
working for many
– Economic inactivity has been increasing, with more people exiting the labour market due
to sickness and early retirement, leading to skills loss and higher welfare costs
– The state of the UK labour market is worse today than at any time since 1992, including
during the period of the 2008 financial crisis
• We analyse UK labour market changes over a 30-year period, from 1992-2022, to identify
trends and bottlenecks
• Conclusion: The labour market is at a critical juncture. The Government urgently needs a
workforce strategy in addition to an industrial strategy to address these issues which look to
get worse before they get better
2
3. Indications that all is not well
• The working age population (defined as the number of adults aged 16+) increased
20%, from 45m to 54m. Although more people are in work, the ratio of
economically active men to women has fallen from 1.3 men per woman to only 1.1,
approaching parity
• Economic inactivity increased in most countries during the pandemic, but the UK is
one of the few developed economies where it has not rebounded
• Of the 8.9m adults under 65 currently classed as economically inactive, 2.5m are
inactive due to long term sickness, almost a 0.5m increase since 2019.
• Spending on working age health and disability benefits is over £45bn a year and
accounts for about 1.6% of GDP, higher than the previous peak in 1991, when it
was 1.5%
• The trends for people to work beyond state pension age, whilst initially very
promising, seem to be running out of steam
• There are significant inequalities in adult health span across the UK. These shorten
working lives, are a brake on progress and prevent levelling up
3
4. Some definitions
• The economically active population are adults in work or seeking work and includes the
registered unemployed
• The economically inactive population are adults not seeking work e.g. the retired, long-term
sick, students and others
• A part-time employee or worker is someone who works fewer hours than a full-time
employee or worker in the same organisation.
• The ratio of active to inactive adults is a measure of engagement with the labour market
which we call the Economic Dependency Ratio (EDR)
• The EDR is similar to the dependency ratio (or DR) used by pension analysts based on the
ratio of working age adults to those over pension age
• The key difference is that the EDR is based on employment status and not pension age and
so provides a more representative measure of activity and labour potential
4
5. Key changes: 1992-2022
Category 1992 2022 % change
People age 16+ Men 21.6 26.5 22.7
Women 23.3 27.5 18.0
People 44.9 53.9 20.0
Active Men 16.0 17.8 11.3
Inactive 5.6 8.7 55.4
Total 21.6 26.5 22.7
Active Women 12.4 16.2 30.6
Inactive 10.9 11.3 3.7
Total 23.3 27.5 18.0
Active People 28.4 34.0 19.7
Inactive 16.5 19.9 20.6
Total 44.9 53.9 20.0
Full time Men 13.1 14.9 13.7
Part time 1.0 2.3 130.0
Total 14.1 17.2 22.0
Full time Women 6.5 9.7 49.2
Part time 5.0 5.9 18.0
Total 11.5 15.6 35.7
Full time People 19.6 24.6 25.5
Part time 6.0 8.2 36.7
Total 25.6 32.8 28.1
There has been a 20% increase in the
adult population aged 16+ and a 20%
increase in the number of economically
active individuals.
However, while the number of
economically active women has
increased by 30.6%, the number of
economically active men has only risen
by 11.3%.
Of the economically active, the number
of women working full-time has
increased by 49.2%, while the number of
men working part-time has increased by
130%.
Overall, the ratio of economically active
men to women has fallen from 1.3 men
per woman to only 1.1, approaching
parity.
5
6. Changes in EDR from 1992 to 2022
1.55
1.60
1.65
1.70
1.75
1.80
1.85
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
Ratio
of
economically
active
to
inactive
population
Ratio of active to inactive
population
The EDR increased most years
from 1994 onwards, when it
was 1.65.
It dipped in the 2009
recession, before recovering.
But between 2020 and 2022
there was a fall from 1.8 to
1.7 – back to where the EDR
was in 1992.
Key: (A) early 90s recession;
(B). the great recession;
(C) corona recession
The chart combines men and women. The EDR for women increased from 1.14 to 1.44 over the period, for men it fell
from 2.84 to 2.08 and is one the major changes in labour market activity over the period.
B C
A
6
7. Relative change in the EDR by age group
0
50
100
150
200
250
1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022
Relative
change
in
activity
ratio
1992
to
2022
(1992=100)
16-17
18-24
25-34
35-49
50-64
65+ C
This chart shows the relative change in the EDR split into five age groups (1992=100). Of
the huge changes since 1992, we see improvement in three age groups and declines in
the two youngest.
A
B
D
7
8. Relative change in the EDR by age group
The previous chart shows:
- More people are working beyond age 65, doubling the EDR for this group,
although it is still 14 times lower than the all- adult EDR average and now appears
to be plateauing (A)
- The EDR for 50 to 64 years olds peaked in 2020 at 90% higher than in 1992, but
has since fallen back to 70% of its peak towards the end of 2019 (B)
- We see a similar pattern in EDR for 25-34 years olds, which peaked at 70% higher
in 2020, but since fallen back to 50% of its peak in 2020 (C)
- More young people are staying on at school and entering tertiary education, which
has significantly reduced the EDR of the 18-24 age group and 16-17 year olds (D)
8
9. Inactivity by reason – changes since 1993
The black line in the chart shows a negative net change in the number of economically active over 30 years,
especially during the financial crisis, due to increases in the number of retirees, those with long term
sickness and students. Economic activity was boosted by people who previously looked after family now
working and fewer discouraged workers (inactive but would prefer to be in work).
-2,000,000
-1,500,000
-1,000,000
-500,000
0
500,000
1,000,000
1,500,000
2,000,000
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015
2017
2019
2021
Number
of
economically
active
Decrease
(-)
Increase
(+)
Year
Discouraged workers
Retired
Students
Long term sick
Temporary sick
Looking after family and home
Other
Net change
Changes in the
number of
economically
active adults from
April 1993 by
reason. Units are
numbers of
people.
9
10. Flows into and out of inactivity due
to long-term sickness
Most who were
economically inactive due
to long-term sickness
were already inactive, and
remained inactive once
they were no longer
classed as long-term sick.
ONS (2023): Quarterly average Q1 2021 to Q2 2022. 10
11. 14.2
13.9
12.3
10.5
6.1
5.6
4.8
2.7
2.7
0 2 4 6 8 10 12 14 16
Process, plant and machine operatives
Elementary occupations
Caring, leisure and other services…
Sales and customer service occupations
Skilled trades occupations
Administrative and secretarial…
Managers, directors and senior officials
Professional occupations
Associate professional occupations
Rate per 1,000 workers
Rates of long-term sickness by
occupation
Rates of long-term sickness
are higher among
occupations where wages
tend to be lower and
employment is less secure.
These are jobs which are
more physically demanding
and where managing a
long-term condition is likely
to be more challenging.
11
12. Impact of health inequalities
on working lives
Whilst good health does not translate directly into work, good health is a spur to longer working but not by
as much as you’d expect. We calculate that a one-year improvement in health leads to a 3.4 month
increase in work and a 8.6 month increase in disability free inactivity – including retirement.
This chart uses local
authority data to show how
work span is influenced by
the years spent in good
health.
Health span ranges from 55
years (point P) to 70 years
in the healthiest areas (point
Q) and can exceed work
span by up to ten years
(SQ).
S
40
45
50
55
60
65
70
75
52 54 56 58 60 62 64 66 68 70 72
Life
versus
health
spans
Health span
Health span
Work span
Q
P
12
13. Questions
• Is the current dip in the EDR a blip due to economic downturn or is it being
driven by long-term changes, such as an ageing population?
• How is job quality and increasing job insecurity affecting economic activity
rates?
• Is the health of the workforce getting worse and has it become more of a
barrier to work? (The 2.5m long term sick is almost exactly the expected
shortfall in labour in 2030 (1))
• What is driving the fall in male labour force participation rates and the rise in
male part-time work? What role do inequalities play in this?
• Why is the EDR of older workers levelling off and why are they choosing
retirement? Are there administrative barriers to working longer, especially for
those In good health?
• Are there enough opportunities for workers to retrain and develop new skills
later in life? Given the rise in the student population, are we providing
students with the right skills and training to meet future needs?
13
(1) ‘Plugging the gap: estimating the supply and demand for jobs by sector in 2030’ (ILCuk.org.uk/plugging- the-gap)
14. • Throughout this period there have also been significant changes on the demand
side – in the types of jobs available, wages, and the education and skills sought by
employers
• Since 1992, jobs in manufacturing and co-related predominantly male occupations
have declined 37%, while jobs in sectors including health, education, and
administrative support are up by 74%
• Earnings inequality has increased dramatically during the period, and wage
progression has been poor, particularly for individuals with low levels of education
• Changes in the structure of work have helped exacerbate inequalities and are
partly to blame for the stalled productivity and sluggish economic growth and
decline in previously male dominated occupations
14
Changing labour markets
15. What can be done?
• Our analysis points to a transformation in the labour market and signs that long
standing problems are deepening and affecting the UK’s future prosperity.
• The problems are multi-dimensional and affect all levels of the labour market.
Some may be temporary and others such as the ageing population are structural
• The Government urgently needs a UK-wide workforce strategy to address these
issues in the short and long term e.g. to address the increasing shortages in
labour in many sectors
• This needs to be divided into two parts – one addressing short term issues such
as changes to work incentives to encourage people back to work and making
work pay
• With a new election looming we urge all political manifestos to include measures
to tackle the deep-seated problems highlighted by our research
15
16. Priorities
• Reversing the decline in high value-added jobs and industries by promoting
investment in innovation and skills and helping to combat the decline in male
labour force participation
• Support a healthy workforce and tackle health inequalities between people and
localities which shorten working lives and add to the tax burden
• Reviewing the role and purpose of tertiary education, re-focusing on vocational
qualifications and STEM subjects
• Making it easier for older people to remain economically active by removing
financial and other barriers
• Invest in opportunities for lifelong learning, to make it easier for people to retrain
or switch careers during their lives
• Investing in skills and training so that people can enjoy second careers when the
alternative is ‘do nothing’
16