No

Productivity fell at the start of 2017 as rising employment outstripped growth in GDP, indicating that each worker was producing less in each hour that they worked.

Jeebus, no.

Billy No Skills getting hired to mop the Maccy D floor with a toothbrush doesn’t make me write fewer articles. It does bring down the average productivity in the economy though.

14 comments on “No

  1. I note the big drop in “non-manufacturing production”. The oil & gas sector is responsible for a good chunk of that.

  2. ‘The cost of employing workers also increased.’

    The workers would have got a pay rise but increased regulatory contributions took it away from them before they saw any of it.

  3. The stupidity of journalists is paralysing. The simplest concepts are beyond them, yet they have this cast-iron self-image as experts and arbiters of fact and opinion.

  4. Yes i winced hard when i read Kamal Ahmed’s similar piece not just missing the point about employment but getting virtually everything arse about face.

    “And if productivity is falling and labour costs are rising, as they are, then that leads to a profits squeeze.
    And means that the prospect of pay rises recedes – creating something of a vicious circle and going someway to explaining why wage growth is falling.”

  5. > Also, it’s better to have a shit job than no job.

    Yeah, but a significant side-effect is that we end up importing low-skill workers from the rest of the EU (and the rest of the world), drawn here by the availability of low-productivity jobs.

  6. Well said, Tim.
    Labour and their supporting journalists have kept lying to say wages (not average wages, actual wages) are going down when people come off JSA onto low-wage jobs despite (total wages plus total JSA) going up faster than inflation.

  7. Do we have a lot of migrants because we have a lot of shit jobs, or do we have a lot of shit jobs because we have a lot of migrants? I always took it that we had a lot of migrants because of the welfare state. Free money, healthcare and education. And the shit jobs pay well in comparison.

  8. aaassaaaargh,

    We have more migrants than comparable EU countries with tighter restrictions on shit jobs. Those restrictions include high minimum wages, difficulties hiring & firing, no equivalent of zero-hours contracts. There are also fewer restrictions on activities outside work: a flexible property rental market, police can’t demand ID cards at any time, police generally don’t hassle them.

    As evidence, look at all the migrants camped out in Calais. There are reasons why they don’t just settle in France.

  9. I’ve read elsewhere that another draw is that we have a non-contributory welfare system. Most other EU countries require to have paid in either money or years before being allowed to draw out.

  10. Re: Calais. If France is such an oppressive country that people are fleeing and demanding refuge and asylum, shouldn’t we be bombing them to force a regime change?

  11. Well, maybe some of them do come for the benefits:

    http://www.bbc.co.uk/news/world-europe-40479224

    Mekharena, an Eritrean, came to Latvia from Italy a year ago. Reaching Europe was an odyssey – he came via Uganda, Ethiopia, Israel and Egypt.

    He only learnt he was going to Latvia a day before his flight. He was not allowed to choose the destination himself, and was not happy about it.

    “There are lots of Eritreans everywhere in Europe. They talk to one another. We all know that in Germany they give you an apartment and €400 (£350; $450) pocket money. But in Latvia they don’t give us anything – just €139 a month,” he told BBC Russian.

    Just wait until winter kicks in.

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