From the TUC

Is the decline of manufacturing really ‘natural evolution’?

Geoff Tily

30 Sep 2016, by in Economics

According to conventional wisdom, industrial trends follow a natural evolution from agriculture to manufacturing and finally to services. Fascinating long-run data from the ONS (based on employment information from census records since the mid-C19) suggests that the demise of manufacturing might not so conveniently be explained. Rather than looking at all sectors together, the chart…

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IMF warn of global deflation

Geoff Tily

28 Sep 2016, by in Economics

The precarious condition of the global economy is back in the spotlight. Last week the OECD issued their interim economic outlook, headed: “global growth warning: weak trade, financial distortions’. This week it is the turn of the IMF, who are leading on the threat of global deflation and the collapse in world trade. The failure…

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Lord Price, show CETA the door at Bratislava castle

Rosa Crawford

22 Sep 2016, by in International

Today Lord Price, the UK’s minister for trade, starts two days of meetings with ministers across the EU in Bratislava castle and the EU-Canada trade deal (CETA) is top of the agenda. This week the TUC General Secretary wrote to Trade Secretary Liam Fox calling for the UK government to oppose CETA and for Lord Price to make this clear…

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Tackling teacher shortages is not only about migration policy

Rosa Crawford

15 Sep 2016, by in International

The TUC has submitted evidence to the Migration Advisory Committee’s review of teacher shortages, highlighting that shortages that are currently being experienced in primary and secondary schools across the country require urgent action by the government. Migrant workers play an important role as teachers in schools here, with one in six new teachers entering the profession…

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Total bonuses reach record high

Janet Williamson

15 Sep 2016, by in Labour market

Government figures out today show that total bonuses across the economy have reached the highest level ever, surpassing the previous high seen just before the financial crash in 2007-8. While the financial sector accounts for nearly one third of the total, the rate of increase in total bonuses has been faster in the rest of…

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#MayMonitor: A new campaign to track progress of Theresa May’s government

Mary-Ann Stephenson

13 Sep 2016, by in Politics

Theresa May became Prime Minister promising ‘a country that works for everyone’. She committed to fight the ‘burning injustice of inequality’, to support those who are ‘just managing’ but find life hard and to prioritise ‘ordinary working class families’ over the wealthy few. As Parliament returns from the summer recess the Women’s Budget Group launches…

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Tackling debt is about more than personal responsibility

Kam Gill

13 Sep 2016, by in Economics

In the latest edition of the ESRC’s Society Now journal, Victoria Boelman from the Young Foundation discusses the need for greater education in order to help households avoid becoming trapped in high-cost debt. Well-intentioned as such work may be, it ignores the role of structural forces on fostering indebtedness. High-cost debt products include schemes such…

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