(1)working hours in the public and private sector should be reduced to a maximum of 30 hours and 40 hours per week respectively, thereby creating jobs for the unemployed under-25s years old of young people. (here, there should be no decrease in the pay of those currently employed).. in the meantime , the young new workers should be paid a minimum wage at the current rate..
(2) It is time the government reintroduced the Future Jobs Fund or something similar, as it provided real jobs for young people.
(3)There is an advice to all such young people is to make sure they immediately contact their local union and ask about organising in their workplace. If they can persuade their colleagues to become unionised, they can then fight together for proper wages and conditions ..
(4) Build more housing: A national house-building programme would immediately create jobs as well as address our long-term housing crisis. first we need to build the housing in those areas where jobs are being created..Second, we have to find wayout about restraining buy-to-let investors who have dominated house-buying..
(5)Rebalance tax breaks: We must make it attractive to invest in young people. Young people need a level playing field with older workers in the job market.
(6) Meet the challenge of globalization: Much of Germany’s growth, and other rich European countries’s growth in the past decade has been assisted by economic migration from other countries, but this has also forced young adults new to the labour market on to the back foot. Where once the state promised “full employment”, it couldn’t deliver that pledge even if it dared make it the era of globalisation. The charges to compete on the global stage must be abolished and the older generation – and the richest among them – must stump up their cash to fund the challenge.
(7) Address the tax haven culture: just as workers have been pulled into Germany and other rich European countries, money has poured out. The wealthiest individuals and companies in some European countries shelter their money untaxed in foreign havens that don’t meet even rudimentary regulatory standards. Those countries need global democratic institutions to ensure that more capital is invested in the interests of the future.
(8) Focus on the long term: Short-term logic underpins much of governments policy. To sell off assets, realise the cash and fail to reinvest is plainly robbing the next generation. Young adults need job security as much as older ones, so if co-operative and mutual institutions are more likely to invest in their employees as well as their businesses and deliver that security, aren’t these what governments should incentivise with tax breaks, grants and endowments?…
Finally, I believe that is just a stab at a set of proposals to get our young adults back on their feet – and the economy, too.
Link to Part 1(Problems)
(Guest author: Hussein Hassanin, Cairo, Egypt / Picture: Hussein Hassanin)