Why aren’t young people working?

Thirty-eight per cent of young people who could work are not doing so. They’re not lazy, or indifferent. Nor have they dropped out. They just can’t fit into the machinery of conformism that modern employers demand of them. As a result, vast numbers of talented young people aren’t delivering of their best for this country.

#uk #money #economy #politics #government #tax #labour #starmer #keirstarmer #old #health #life #young #education #work

ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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[cesarmurph]

Young people may not be may not be able to due to factors like prioritizing education, limited disposable income, economic uncertainty, lack of financial literacy, or a preference for alternative investments like cryptocurrencies or gig economy opportunities.

[chriswills]

Unaffordable education, unaffordable housing, collapsing healthcare, insecure, poorly paid work and you may soon lose your human rights....I just cant imagine why so many young people have given up. Oh and no or a poor pension likely too.

[Ikbeneengeit]

How society treats its most vulnerable says a lot. We choose to give 18 year olds crushing debt, unaffordable housing, dehumanizing jobs.

[timwoodger]

Sht wages and no future? Years ago young people couldn’t wait to leave home and start a family but who can afford to leave home now let alone raise a family of their own. It’s no wonder mental health issues are on the rise amongst the young.

[daveduvergier]

A friend the other day told me that his 20 y.o. son, super-keen to work, has made something like 40 job applications and in most cases has not even received the courtesy of a rejection message. He is inevitably becoming disillusioned with the whole process.

[caryphillips]

I can tell you why I avoided working for quite a while until I found something I was comfortable with. Every single thing I looked at around me felt immoral to participate in. Job hunting felt like a manipulative ploy where I'd need to lie or brag in ways I'm not comfortable with. Additionally, participating in corporations felt like helping them to gain control of and exploit every living thing and resource on earth. I don't want to help them, I want to oppose them. I didn't join the labor force until I found a path that I felt was opposing the societal ills that I cared about. There are a lot of societal ills that I think a lot of young people are morally perturbed by.

[theflyingscott]

It’s an easy question to answer and I’m not a young person. Young people will never own a home in their lives in the UK, let alone be able to buy a car brand new at the rate in which prices are rising. Where is the incentive to work nowadays? If you are 21 years of age and realized you would never own a home because house prices are quickly reaching 10 or 11 times the average UK salary, why would you even bother? The only reason old geezers are worried about this is because they know there is nobody to fund their pensions moving forward. The Ponzi scheme is coming to an end.

[JamieW-ob]

In a slave economy there is no real reward for working!

[KasirRham]

300 years of experience is required for a $15 hr job. And it's part time.

[thomaslusk]

Ungainful employment, I'm 64 and don't blame the young for telling these super rich to go to hell.

[marijo]

A few years ago, the daughter of a former colleague applied for a part-time job in a greetings card shop. The 2-day recruitment event included two written essays, three group discussions, an IQ test and two role playing episodes. She didn't get the job and felt pretty demoralised. A couple of years ago that particular chain of shops closed down.

[tonysilke]

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

[Sailing_Antrice]

They are depressed because they have no future in the UK sky high rents along with sky high education costs and shit wages. The UK is utterly broken.

[sharonanderson]

As a registered nurse looking after patients with chronic skin conditions … I have noticed for the last 5 years a general increase in patients between 18 and 30 significant flare of their skin condition due to stress and lifestyle anxiety.

[monkmoto]

For what? I work full time as factory worker/operator and I could barely afford a studio apartment and little else. You can’t tell me the rich folks on their yacht in the Maldives are working harder than me. They don’t even deserve the pittance I get for breaking my back. Why should these kids work to make them richer?

[Midland_Wolf_]

What I hear in speaking to young people is that there simply isn't much point. The inequality that has grown to extremely damaging levels in the UK means for those of average means/backgrounds they simply cannot even see a way of renting, let alone buying anything.
The GB economy has simply priced too many people out of having any kind of lives. They live at home until their mid thirties and get used to it, whereas we moved out post Uni or in my case at 17...Its not achievable now for many.
The UK is a poisonous little island, owned by THIEVES, administered by FRAUDS and facilitated by and then they wonder why no-one is "patriotic" or wants to fight for the crown.

[Cauldron]

Richard, thank you for your understanding of how bad things are for younger gen. I’m a millennial and things are so tough, so it really helps to see older gens look at this from a place of empathy and support.

[jonwilmot]

I'm 61 and I don't feel like paying any more into this corrupt system. We've all been lied to.

[Hickalum]

Create an HR department and they will create a web of HR processes to justify their own existence.

[yourseatatthetable]

They've grown up watching their parents working themselves into an early grave.