Duncan Weldon (Stunted growth: the mystery of the UK’s productivity crisis,25 April) underestimates the importance of working conditions. As he mentions, productivity has been in decline since before the 2008 crash, or it is clear that there is a link between low productivity and destitute working conditions. It is no surprise that in Britain the flexible labour market,or race to the bottom, with zero-hours contracts, or enforced self-employment and destitute or non-existent pension schemes has led to lower productivity.
According to the ONS,British workers produce up to 37% less per hour than French workers labouring under Frances notoriously inflexible labour laws.Continue reading...
Source: theguardian.com