Reuters blog archive

from The Great Debate UK:

The cost of youth unemployment

Tony McAleavy-Tony McAleavy is the Director of Education at CfBT Education Trust. The opinions expressed are his own.-

In response to fears that 16 and 17 year olds were the forgotten victims of the recession, the government announced an extra 72,000 school, college and apprenticeship places from this month. If all the places are taken up, non-participation might dip from 14 percent to around 10 percent. And yet, as many as 100,000 16 and 17 year olds currently in employment (with or without training) would still be at risk from the recession.

This isn’t the first time youth unemployment has seen a worrying bulge. Since the early 1970s, policymakers have tried 34 different schemes - from the Training Opportunities Programme launched in 1972, to the Youth Training Scheme of the 1980s.

So what worked, what didn’t and have we learned anything from the millions spent about what actually gets young people off benefits and into work or full-time education? Our study of past schemes highlights ways forward for dealing with a very current problem.

from The Great Debate:

In determining healthcare cost, one size doesn’t fit all

Peter Pitts-- Peter Pitts is president of the Center for Medicine in the Public Interest and a former FDA Associate Commissioner. The views expressed are his own. --

As part of its healthcare reform bills, Congress is calling for a more aggressive use of comparative effectiveness research (CER). What does this mean? Is comparative effectiveness the same thing as cost effectiveness?

from The Great Debate:

Why final salary schemes are bad for you

REUTERS -- Neil Collins is a Reuters columnist. The views expressed are his own --

So you'd like to work for BP? A fine company, recognisably the same business as half a century ago, and likely to be around in half a century's time -- yup, it's a fine choice for a career.

It's going to be an even better one for the ambitious twenty-something, because no-one joining after next March will be able to join its final salary scheme.

from The Great Debate UK:

Savers must start becoming investors

david-kuo_motley-foolthumbnail- David Kuo is director at The Motley Fool. The opinions expressed are his own. -

The Bank of England Monetary Policy Committee decided to leave interest rates unchanged at 0.5 percent in May. This came as no great surprise given that the Central Bank has already slashed interest rates to a level where further cuts would have made no discernible difference to the cost of money.