As a 69 year old, who has recently returned to (almost) full time work, after being retired, I'm getting a sense that older people are also now participating in the workforce more than in the past. And working online encourages this.
I'll mention this was triggered by my very straight-forward application for a full pension, taking 8 months to process, rather than the 2 weeks promised during the application process.
No credit to BoA for avoiding deflation except for that one quarter? Was fiscal policy anything more than garden variety income maximization, spend more when marginal costs and costs of borrowing are low? OK, it does get credit relative to a lot of places like the US that did NOT do garden variety income maximization.
Interesting article, but I was a bit taken aback by the suggestion just under 40% of workers were now part of the Professional-Managerial Class ("Professional and managerial workers were a rarefied elite. Now they are the largest single occupational group at nearly 40% of all workers.") Is it really such a high proportion of the workforce?
I got the data from the ABS Labour Force Survey. But there appear to be other ways of calculating that give a somewhat lower number. Also, worth noting that the big numbers in the professional group are nurses and schoolteachers not (say) architects and surgeons.
We see AI everywhere but in the productivity statistics.
As a 69 year old, who has recently returned to (almost) full time work, after being retired, I'm getting a sense that older people are also now participating in the workforce more than in the past. And working online encourages this.
I'll mention this was triggered by my very straight-forward application for a full pension, taking 8 months to process, rather than the 2 weeks promised during the application process.
No credit to BoA for avoiding deflation except for that one quarter? Was fiscal policy anything more than garden variety income maximization, spend more when marginal costs and costs of borrowing are low? OK, it does get credit relative to a lot of places like the US that did NOT do garden variety income maximization.
Interesting article, but I was a bit taken aback by the suggestion just under 40% of workers were now part of the Professional-Managerial Class ("Professional and managerial workers were a rarefied elite. Now they are the largest single occupational group at nearly 40% of all workers.") Is it really such a high proportion of the workforce?
I got the data from the ABS Labour Force Survey. But there appear to be other ways of calculating that give a somewhat lower number. Also, worth noting that the big numbers in the professional group are nurses and schoolteachers not (say) architects and surgeons.
Thanks for the clarification!