The UK government should create jobs too: real roles that equip the economy for the future. Britain has a shortage of care workers, which are undoubtedly jobs with prospects, given the ageing population, and require no formal qualifications so can be ramped up quickly. It would take an extra 180,000 care workers just to bring the ratio of carers to the over-70s population back to its 2014 peak. Creating this number of jobs, paid at the “real living wage”, would cost about £5bn, according to the Resolution Foundation think-tank. Investments in teachers and teaching assistants, nurses, mental health workers, home insulation and green boiler installers would also pay dividends.
* Be bold like FDR and create jobs directly, Financial Times, 29/09/20