View on The Rapid Growth of Employment Rate in UK
According to latest official figures, the number of people out of work have fallen to 1.83 million, and at the same time, the number of people in work has risen to 31.1 million. Which mean the unemployment rate in UK has fallen to the lowest in seven years. Average pay for employees, excluding bonuses and especially the regular pay has been growing at its fattest rate. As a result, the British economy can be called as "an incredible job-creating machine" (Hawksworth). According to Priti Patel, The new Conservative Work and Pensions Minister, the achievement was owed to the long-term economic plan. Which lead the government focus on job creation, increased the number of employment rate by creating the right economic conditions for businesses. On the one hand, achieving substantial growth in the employment rate is inspiring. The plan did create a large number of job changes, this extra demand of labor push up regular pay and the real wages are still keeping on rising. Accompanying all of this advantages, it seems that there is nothing wrong with the” unprecedented prosperity”. However, on the other hand, downbeat views are taken. Just like Frances O'Grady, the TUC's general secretary, insisted that the sudden increase of employment rate leaves many families with fewer hours of work than they need. Besides, it is not easy for young people to share in the recovery. Compare to the whole unemployment rate, youth unemployment still far higher than before the crisis.
As far as I am concerned, the achievement that UK made by increase employment rate in economic are enormous. But since ancient times, there is always something wrong with this kind of economic policy which with rapid spurt. For instance, The Great Leap Forward, proceeding with the wrong agricultural policies that diverted agricultural to industrial work (Rural Society in China). The policy did make rapid growth of economic, but the hope was to industrial by taking full advantage of the massive supply of cheap labor and avoid having to import heavy machinery, and achieve the industrial aim by change all the metal valuable even like pot and hoe into original steel, but not by a procedural and reasonable way. As a result, The Great Leap Forward ended in catastrophe, resulting in tens of million of deaths, besides, the negative effects of The Great Leap Forward lasted for ten years hard time for China. The same for the rapid growth of economic of UK. For one thing, Employment rate increase sharp, leaving no time and space for employ to deal with their families. And there is no time and full preparation for companies to undertake professional training activities. As a result, the technology and quality of the employee are not adequate and stable. What’s more, although the extra demand of labor gets their job, most of them still work for others, the rate of entrepreneurship and individual household did not change. Which means employee who get the job because of the long-term economic plan, will not create employment chances for other, they are not the one in charge, they do not need extra labor work for them. As a result, the next term of the increase of employment will be hard, there is hardly room for growth.
As a matter of fact, improving the employment rate is definitely not a bad thing, the point is, at the same time the country make use of the extra labor to achieve the economic growth in a short term, the government should pay more attention to perfect new systems. Proposals on implementation policies like encourage entrepreneurship and individual household should be put into practice with government subsidies. All in all, the most effective and permanent strategy is to create more potential job opportunities.
Works Cited
Hawksworth, John. UK Unemployment Falls to Seven-year Low: BBC NEWS, 13 May 2015. Web. 15 May 14.
Jobless Total at Seven-year Low: Jersey Evening Post, 2015. Web. 15 May 14.
Rural Society in China: Wikipedia, 2015. Web. 15 May 14.