The Great Debate UK

from Nicholas Wapshott:

Yellen shows her hand

By Nicholas Wapshott
April 19, 2014

The difference between the Federal Reserve Board of Chairwoman Janet Yellen and that of her immediate predecessor Ben Bernanke is becoming clear. No more so than in their approach to the problem of joblessness.

from The Great Debate:

A ‘Marshall Plan’ for Africa’s employment challenge

By Tony O. Elumelu
January 3, 2014

To Africa’s many challenges, add one more: unemployment.

Unemployment, independent of any other factor, threatens to derail the economic promise that Africa deserves. It’s a time bomb with no geographical boundaries: Economists expect Africa to create 54 million new jobs by 2020, but 122 million Africans will enter the labor force during that time frame. Adding to this shortfall are tens of millions currently unemployed or underemployed, making the human and economic consequences nearly too large to imagine.

from Nicholas Wapshott:

No, austerity did not work

By Nicholas Wapshott
November 7, 2013

There have been a lot of sighs of relief in Europe lately, where countries like Britain and Spain, long in recession, have finally started to grow. Not by much, nor for long. But such is the political imperative to suggest that all the misery of fiscally tight economic policies was worth the pain that there are tentative claims the worst is now over and, ipso facto, austerity worked.

from Nicholas Wapshott:

Austerity is a moral issue

By Nicholas Wapshott
May 17, 2013

Security worker opens the door of a government job center as people wait to enter in Marbella, Spain, December 2, 2011. REUTERS/Jon Nazca

How helping the working poor can deliver economic recovery

By Guest Contributor
December 12, 2012

By Stephen Evans.  The opinions expressed are his own.

Following the Autumn Statement last week, pressure remains on Chancellor George Osborne to tackle the continuing fall in living standards and the growing divide between the UK’s highest and lowest earners.

Why the employment law review won’t work

By Guest Contributor
September 18, 2012

–Ben Stepney is a solicitor in the Employment Team at Thomson Snell & Passmore.–

from MacroScope:

The Law of Diminishing Greeks

April 13, 2012

The Law of Diminishing Returns  states that a continuing push towards a given goal tends to  decline in effectiveness after a certain amount of effort has been expended. If this weren't the case, Usain Bolt would be able to run the mile in  less than 2-1/2 minutes.

The jobs of tomorrow, not today, will fix youth unemployment

By Guest Contributor
March 22, 2012

–John Vassallo is Vice President of EU Affairs for Microsoft. The opinions expressed are his own.–

Women’s fortunes in the job market take a turn for the worse

July 11, 2011

By Kathleen Brooks. The opinions expressed are her own.

Back in early 2009 I was sitting in the library trying to find a new spin on the U.S. financial crisis for a college paper. I trawled through book after book and they all said the same thing. But finally, late into the night, I stumbled upon something fresh in the latest unemployment report.

from Breakingviews:

U.S. jobs rout should give fiscal hawks pause

July 8, 2011

By Agnes T. Crane and Christopher Swann
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.