Retirement timebomb

17 August 2011 by The Voice of Reason

I see in the ET (ST) they had an article entitled "Retirement timebomb"

Building trade figures out, show the number of 16-19-year-olds in a trade in the Scunny area have fallen by 52% since 2008 whilst 17% of the workforce are now within 10 years of retiring, it also states that the number over 55 has increased 65% since 1990.

One of the problems has been that a few of the colleges across the region have guilty of just getting bums on seats for 16 hours a week (all they need to do to claim full time status for the poor learners and get max funding) so that they can run another group through the doors and claim even more bums on seats = easy money.
This has happened in all trades not just the building trades but also the engineering trades and partly the Governments fault for allowing greedy colleges churn out EMA funded NVQ 2 level grades ill equipped to function in the workplace instead of producing fully qualified NVQ 3 trade apprentices, but that involves at least 2 more years of assessing off the college campus = not so easy money.
As for the go get an "ology" brigade of kids that after running up huge loans and end up processing food on minimum wage facing years of debt with little hope of putting their "ology" to use, a friends daughter has a BA in languages and is packing fish-fingers, these poor kids were used to massage jobless figures - students can't claim dole, just as they now are going to have to stay in education a couple more years, whilst the government relied on the city bankers to create our countries wealth until they got too greedy and it went tits up and crashed along with most of the world instead of investing in industry and the young people.
Its time to invest in kids and train them up, not just school leavers but the missed generation as well, pretty soon we wont have anyone left to train them, if they have a trade and are able to earn then they don't claim dole, no need to massage figures and we wont need a massive 
European invasion (taking money out of the local/national economy) to fill the skills shortage.

I know, I now Train new learners (and retrain some of the colleges cast off's) to be damn fine trades-persons, Oh look at me being all PC :) 

ps. when I left the trade to train a couple of years ago I was in a cabin of 8 and I was the second youngest at 53, youngest lad was 48 the rest all nudging 65 and one chap was 73 years old, I kid you not.




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