About Brexit: Dear young people ...

[ScreamingLadySutch]

Far from ruining your future, Brexit is helping to secure it.

The Eurozone has a structurally high unemployment rate amongst young workers they either cannot, or will not, solve.

The UK has the lowest unemployment rate in the EU. Why? The cost of EU regulations do not apply here. After Brexit, EU costs on the economy will be even less.

When Remainers who were courting the young vote in 2016 with all the EU opportunities, now talk about Leave 'untruths', they failed to mention (even in the Remainer government leaflets at the time) there WAS a EU youth unemployment/employment problem - never mind the extent.

This FT article back then explains the inherent young worker problems in the EU/Eurozone;

www.ft.com/cms/s/0/b2171222-31e4-11e5-8873-775ba7c2ea3d.html

”They call it the “precariat”. In a continent known for strong employee protections, more than half of the eurozone’s young workers are in temporary jobs, churning from one short lived contract to the next.”

”In France, permanent jobs account for just 16% of new contracts, down from a quarter in 2000. In Spain, almost seven in 10 young workers are on temporary contracts. The share of the eurozone’s 15 to 24-year-old workers who are temps is the highest on record, at 52.4%”

”A deep fracture has emerged in Spain, France, Italy and Portugal over the past 20 years, with an older generation of highly protected permanent employees on one side and a younger generation forced to settle for insecure jobs on the other. That is one reason why youth unemployment surged when the crisis hit.”

“The rules for open-ended contracts in Europe are considered too stringent by employers and they sidestep those regulations by creating non-regular jobs"

Im sorry i missed the grin

As i dont actually care

Remembered that time

my husband is a Private Banker as a practitioner and as a product supplier. He specialises in investment management, and has many clients with long investment time horizons

JRM will do well with his private banking and expects that in 50 years the economy will do well.

I'm not entirely sure that the interests of long term wealth of those with private bankers is the same as youth who are struggling with unemployment.
My understanding is that significant challenges in youth unemployment lead to lost generations who struggle to ever catch up economically.

Youth unemployment is actually lower in Germany than in the UK, even though the Euro-area youth unemployment is higher. So that means it cannot be a “structural EU problem” if it is simultaneously affecting nonEU countries AND not affecting EU countries.
data.oecd.org/unemp/youth-unemployment-rate.htm#indicator-chart

The UK has the lowest unemployment rate in the EU. Why? The cost of EU regulations do not apply here

Which way d'you want it, OP?

@ScreamingLadySutch you know who the AfD is? This is hardly a political party thinking about Europe in any positive way. They are similar to UKIP, Front ?Nationale or other nationalist ones.

You quote countries with large unemployment due to economical problems like Spain. Not getting permanent contracts is a fact in lots of countries, including the UK. Hardly a reason to celebrate.

Look which kind of jobs are done by EU nationals, a friend in hospitality has always issues getting workers and most of all applications are not from Brits, they seem to think certain Josh’s are below them.

While I do think that there is a general issue with work, especially for you g people, Brexit will not solve it. It won’t create more jobs as smaller businesses will suffer, it won’t give more rights to workers as there are already talks to get rid of workers’ rights introduced by the EU to maximise profit.

Hardly a situation I want my DD to have so I am more than glad she also has a German pass to have a future beyond Little Britain.

Jobs, not Josh’s

“What did David Cameron ask for that was so terrible? No more social welfare immediately, and for everyone. Stronger national parliaments. Less EU bureaucracy. But in Brussels he was banging his head against a brick wall.”

Yes, Cameron asked for the above, and he was given it all plus the ability to have a brake on immigration.
From the BBC:
stronger national parliaments
“Mr Cameron has secured a commitment to exempt Britain from "ever closer union" to be written into the treaties. He has also negotiated the inclusion of a "red-card" mechanism, a new power. If 55% of national parliaments agree, they could effectively block or veto a commission proposal. ”
no more welfare immediately
“He got the four-year "emergency brake" on in-work benefits he had set such store by - but new arrivals will have their tax credits phased in over four years. The brake will be in place for a maximum of seven years, rather than the 13 years Mr Cameron is thought to have wanted - but the EU has agreed it would be "justified" to trigger it without delay after the referendum if the UK votes to stay in the EU....The UK government has already reached an agreement on out-of-work benefits. Newly arrived EU migrants are banned from claiming jobseeker's allowance for three months. If they have not found a job within six months they will be required to leave.”
no euro-zone bailouts
“Mr Cameron won guarantees that countries outside the eurozone, such as Britain, will not be required to fund euro bailouts and will be reimbursed for central EU funds used to prop up the euro.”
reduce EU bureaucracy
“Mr Cameron got more than he was offered in the draft document, with the target to cut red tape....a promise to establish "where feasible burden reduction targets in key sectors, with commitments by EU institutions and Member States.””

In regards to zero hour contracts, and workers not on permanent contracts, this is a global phenomenon. And actually, the less developed a country and the less restrictive the workers roghts, the higher the % of gig workers.
SO, yes the EU number of gig workers has increased (as have the UKs) but I think you will find they have increased faster and are a larger % of the workforce in countries with less restrictive labour laws.
The US, for example, has just passed 60 million of it’s 157 million workers are not on permanent contracts. By 2027 most US workers will be “temps”

No it isn't.

Sincerely,
A young person

Well, good job this site is full of middle aged mums!

Never met a remainder? Vine north of the border there are very few leave supporters. We voted overwhelmingly to stay.

So I'm guessing this post was made as a polar opposite of my post earlier this week asking how Brexit would affect people specifically.

And so far, all we have had is propaganda and the usual cut and paste shite.
My thread actually details how people are already suffering from the effects. It's bloody heart breaking to be honest. And I am sick to bloody death of the same old lines and lies. Boris Johnson made an arse of himself today. And yet his popularity has supposedly gone up. I despair.

Sorry. Meant to post on the 'how will your life improve after Brexit' thread.
Although TBH the same applies.

Oh, and my thread was posted in the Brexit topic. Nice try posting in Chat. Same as AIBU, usually gets taken over by people with actual facts and life experiences.

@reluctantbrit I KNEW that would be the refutation.

"I disagree with that person. I have decided they are evil/morally inferior/fascist , therefore they don't have to be paid attention to"

is a huge, huge mistake. It is a very good idea to get OUT of your self referencing echo chamber, and pay close attention to what other people are saying.

Why should bankers be heard? Because they are unemotional and follow the money.

Brexit is ultimately, about MONEY. Always follow the money. I Started thinking why would anyone want to leave the largest single market in the world. That was my premise. The more I looked at the protectionist racket, the regulations, the Euro - that is when I concluded that Brexit is in the long term interests of the UK.

It is so obvious and logical I don't actually know why everyone is so hysterical about it.

Africa as a single market will very soon overtake the Eurozone. Totally happy to submit to Australian food grade regulations etc. We trade more with the USA that Europe already, what is this Remain obsession?

I can't believe someone here's never met someone who voted Remain (that'd be 48% of us that voted.) Meanwhile my friend voted Leave and even she's worried, because this current shit-show isn't what she had in mind at all. (See, Leavers and Remainers can be friends!) Mind you she's not trying to convince me No-Deal is going to be awesome, she wants us (the UK) to sort something out.

Dear daughter, you can get an Irish passport so if this glorious future doesn't turn up you will still have your EU travel and work rights. And if it does then it will be the one time that Mum would happily say she was wrong. And you lose nothing.

This is not swivel-eyed lunacy. Please read the points made:
"There was no proper discussion of the material adversity European economies would suffer as a result of a no-deal Brexit. They seem to think that the UK would suffer in isolation, even though the UK is one of the biggest importers in the World of EU goods. Germany is already virtually in recession. A no-deal Brexit is bound to be devastating for Germany. You would think this should exercise their minds!

From a UK perspective, a no-deal Brexit, in fact, offers a golden opportunity to right the massive trade deficit we run with EU countries. A much-needed rebalancing of the UK’s economy.

There was no exploration of any solution to the political impasse between the UK and the EU. Their only proposal remains the Withdrawal Agreement and its associated Political Declaration. This treaty, in fact, subjugates the UK and ties it into the EU in perpetuity (with or without the Backstop). The UK must not accept anything remotely close to the WA and PD.

There is a readymade alternative in GATT 24, which provides nation-states an opportunity to trade tariff-free for a period until new arrangements can be agreed. But the EU will not look at this because it would rob them of the ability to tie the UK in as they wish. If evidence is needed to reconfirm how awful the Withdrawal Agreement is for the UK, it lies in the EU’s total refusal to discuss GATT 24.

I waited patiently all morning to ask why the EU, a self proclaimed rules based organisation, had breached clause 12 of the agreement to extend Article 50 by reopening negotiations. I was given 30 seconds to ask my question and then shut down. Such is their “democracy”.

And finally, they refused to answer the only question I posed in the debate; a short but important question: How is that the EU is prepared to renegotiate the Backstop given that the agreement which extended the Article 50 period from 11 April to 31 October prohibits any opening up of the Withdrawal Agreement and any further negotiations? For the last three years, the EU has hidden behind its rules-based system and used this to beat the UK over the head in order to get its way and yet, when it suits it, it is prepared to tear up the rule book.

At the end of this rather pointless series of speeches, MEPs voted on 15 Brexit related motions. None of these were binding but there was one motion passed about which the British people should be aware. The EU Parliament resolved that, if a no-deal Brexit should come to pass, it would be “entirely the responsibility of the UK government”. This is what goes for ‘grown-up politics’ in Brussels.

Ben Habib is a Brexit Party MEP and businessman

Guy Verhofstadt at the Lib Dem Conference:

"From a UK perspective, a no-deal Brexit, in fact, offers a golden opportunity to right the massive trade deficit we run with EU countries. A much-needed rebalancing of the UK’s economy."
And that's not a "swivel eyed loon" comment.
😂😂😂😂

@ScreamingLadySutch - Believe me I do pay attention to the AfD, it would be a nightmare not to. But it doesn't mean that they automatically know what they are talking about or are correct as their opinion is biased.

Btw, I am a banker. I work for the London branch of a European bank. We have serious issues that we are a) having to re-apply and re-establish us as a third country bank instead of relying on the passport system and b) have restrictions from the EZB regarding with whom we are allowed to do business in a case of a no-deal Brexit. We currently loose customer and money.

There are always two sides of the story. But the UK WILL have serious issues if they push for a no-deal instead of taking into account the implications instead of just looking at their own pockets.

Give me a break. My work revolves around US and EU regulations and approval - we have no idea if the UK will be able to approve products through existing channels, hence we are losing clients because they feel unsecure. I travel constantly so not only are we losing business and losing staff, the complications associated with travel, visas, driving, insurance are all contributing to the downfall of our (and I assume many) small businesses. I'm young and my entrance to my career is completely overshadowed. Not to mention my friends losing jobs with car manufacturers because they've all pissed off abroad. Brexit is personal, everyone voted based on their own circumstances so don't tell me how to feel. Cheers babe

That went well then..

Op I can't wait to get out.

There is level of detail that isn't grasped by people. They don't understand and you can tell they don't by the posts. I don't blame them... But we do need to leave
I just pray we get out.

As long as we avoid No Deal and comply with GFA, you can have your wish.