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26 Kommentare
Good. It’s like the 90s again except these kids have massive student loans too.
Fuck its nice to have a proactive government for a change, like a government who see a problem and then actually try to fix it.
Just offer discounts on student loans for time served in the military or public services.
We could do with some bright sparks in the military, they might even enjoy it.
I’m not sure how they’ll do that when every company wants to replace humans with Ai and robots.
Better off taxing the rich. Or taxing Ai /robots.
Stopping importing the problem would be a good start.
A subsidy for businesses to employ a young person on Universal Credit is a great idea. I was able to start my current job on a similar scheme during the COVID pandemic.
Great they need to make it so younger people don’t get ghosted when applying for jobs and root out all fake job vacancies that are on the Jobcentre Website.
This is a classic UK gov move. They impose payroll taxes, making it more expensive to hire people. They then use those increased tax to fund intitatiaves to ’solve‘ the problem they created. But the initives doesn’t work, beause all they are doing is creating weird incentives.
It’s the same everywhere you look. The gov things that taking money from the economy and then using it on some initiative to stimulate the economy is the way forward. They do it over and over and over, without realising that if they simply did nothign, it would have a far better effect.
Another example: many UK cities are imposting a ‚touritst tax‘ of something like £1 per night. This then reduces tourism rates. They then use tax revenues to fund some initiatives to ’stimulte tourism‘.
To the state, everything looks like it just needs more state involvement.
What about me in my 30s, I’m currently looking and getting ignored/ghosted or that’s how it feels
I’m concerned that this programme will mainly subsidise low paid, high turnover jobs that businesses already need to refill. If that happens, the policy risks becoming little more than a public subsidy for roles that would have existed anyway.
If £1 billion of public money is being spent, it should be targeted toward occupations the country genuinely needs more of, for example engineering, technical roles, and skilled trades. Funding should prioritise structured training that produce measurable increases in these critical skills.
Without clear targeting, there is also a risk that large outsourced sectors with high staff turnover, such as private care providers, could disproportionately benefit from wage subsidies. In those cases the funding may boost company margins or share prices rather than build long term skills in the workforce.
What I would like to see is much stronger transparency and accountability around the programme. Specifically:
• A list of the occupations and sectors the funding is intended to support
• The number of trainees or apprenticeships created in each role
• Evidence of new jobs created, not simply existing vacancies subsidised
• Public reporting showing how many participants remain employed after the programme ends
If £1 billion is being invested, the public should be able to see exactly which skills were developed, which roles were filled, and how many long term jobs were actually created as a result.
What if, and maybe I’m just talking crazy here, but what if they reduced payroll taxes to make it less expensive to hire new staff?
They tax businesses £20 Billion and then they come back saying £1 Billion would be used to pay £3000 per employee, when the cost to business will be £27,000 and you can bet they’ll demand NI contributions up front, meaning this entire cycle is of their own making.
Took away all the incentives for businesses to hire young people then spend 1bn of tax player money solving the problem. Actual cretins running the government
I think it would be a much better long term investment to have these people trained in a certain trade than to dick them with what will likely be low-paying unskilled jobs which are very likely to be automated in the not too distant future anyway. It’s a perfect opportunity to have a large segment of the workforce already prepared for the way AI will revolutionise industries. Have them fill in the gaps or even trained to support AI infrastructure. But of course that would take a lot of time and effort to do. Much easier to send them to Lidl, I guess.
Can we close up all the tax loopholes, Starbucks etc?
I have an easier and more effective solution, which won’t cost the taxpayer a penny either.
Scrap the huge increase in minimum wage for young people and the ludicrous new restrictions on employers freedoms to sack new employees who turn out to be totally unsuitable.
The Numbers just don’t work out here.
Offering £3,000 to support a reported 60,000 Jobs works out at £180 million.
With a scheme valued at £1 Billion, that’s over 80% of that funding being spent on administration and other forms of needless paperwork.
I’ve worked in research and other government funded roles for the vast majority of my career, the storys the same everytime.
1. Government promising an insane amount of money to solve a problem.
2. They hire a team of highly paid consultants to figure out where the money goes, who in turn take a large chunk of the money.
3. The consultants divy the money up to a number of small organisations, often times creating new organisations purely to recieve the funding.
4. These smaller organisations spend another large portion of the money on there own administration.
5. Repeat this trickle down effect of smaller and smaller businesses X times, until eventually someone is actually hired for a role.
By this point, the vast majority of funds intended to help workers as actually been spend lining the pockets of corporate exexcutives, leaving a fraction of it ‚correctly spent‘
Employer here. This government and the last government have costed out this generation through tax increases to small businesses.
The cost to hire someone on minimum wage in this country is just shy of £30K (salary plus NI etc etc). For young people, who by default have little or no workplace experience, £30Kpa is a ludicrous outlay to a business. For that cost, businesses will look at either outsourcing to countries with cheaper labour or alternative models like ai. This is the governments mess and I really feel for the younger generation who have increased levels of debt and decreased workplace opportunity.
‚Taxing AI‘ as other comments have mentioned will do absolutely nothing to fix this issue. The government needs to rethink their extortionate and continually increasing taxes on small businesses, be them inherited or implemented.
Rediculous. NEW THINKING NEEDED. The world has changed, ai is here. Computers/tech in general has changed this forever decades agi and its slowly coming to a head. The greater public and politicians need to realise this.
There arent enough jobs for our whole population and thats ok, how do we move through this?
This is gonna be one of those „we gave billions to a consulting company who told us to give them more money“ kinda plans isn’t it.
Let me guess. It’s all going to businesses so they don’t have to pay for labour?
Jesus Christ, what is wrong with this government? Instead of giving bungs to businesses every six months (who’ll then get rid of these apprentices) just build a state developer and train up and keep these people employed whilst building new homes
Again, stop mass offshoring. Bring thousand of jobs back to the UK.
> The initiative includes a new Youth Jobs Grant, offering businesses £3,000 for each 18-24 year old hired who has been unemployed for six months or more,
This is going to be abused.
I guess importing 4-5 millionn people since 2020 wasnt a brilliant idea after all.
good, literally turned 20 two days ago and still no job applications have succeeded
Sam Altman just said human beings are all just useless calorie burners. It takes 20 years to grow a human to not be worthless, Anthropic just said that 80% of jobs are going to be done by AI within around 18 months.
Given all that, what would be the point? Or are we saying that Sam Altman and Anthropic are telling porkies?