The Death of the Full-Time Job
Today's unemployment numbers are economically uninteresting - but socially
fascinating. They show the jobless numbers stabilising, as you'd expected, but the
really interesting stuff is hidden away in the details. They show what can only be
described as the death of the full-time job. Even as unemployment is stabilising, the
number of full-time jobs is still shrinking - and part-time jobs are very much on the
rise. And not because we want this new flexibility. The number of people saying that
they are working part-time because they couldn't find a full-time job is over 1 million –
an astonishing number. There’s also quite a jump in the numbers simply opting out of
the labour market, especially the young, who self-describe themselves as students.
“Student” may well be a convenient euphemism for “unemployed”, just as “resting”
often is for actors. Whether they will ever get to go on a course or get a job is a moot
This all has long-term consequences for the nation, and I suggest it means an even
more divided, unequal society. Those who have traditional full-time secure jobs with a
pension are increasingly a blessed minority - the rest of the nation is scrabbling away
trying to get work where and when they can, with not even paid holidays, let alone a
final pension scheme. That also, by the way, means that they will be able to build up
less capital over their lives, and banks and building societies will be unwilling or
unable under tougher rules to offer mortgage to the newly casualised British worker.
And the poorer you are, the worse the life chances of your children, so these new,
deeper inequalities will echo down the generations. The Britain that leaves this
recession will look very different from the one that entered it.
#exercise #fit #fitness #bodybuilding #sixpack #trying #hardtarget #target #end #home #ufc #mma #ufcfightnight #mmafighter #try #life #boxing #train #training #workinghard #Ambitiousgoal #Brilliantfuture #goal #6pack #getfit #fitlife #fitfam #fitlifestyle #fitforlife #abs