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JRF response to the industrial strategy
Ashwin Kumar, Chief Economist at the Joseph Rowntree Foundation, responded to the trail of the Government's industrial strategy
"Improving maths and technical education for young people will certainly benefit the economy in the future. But this is a policy for the long-term. Millions of people already in the work force are struggling with low pay and insecure work. Despite making up only 23% of the economy, low-paid sectors such as retail, care and hospitality account for a third of our productivity gap with leading European economies.
The Government's industrial strategy will only make a real difference to our productivity gap, and to people at risk of being left behind, if it goes beyond manufacturing and high-skilled roles. It needs to help the millions of people who work in low-paid sectors, live in low-skilled areas and work in low-productivity firms. For example, the Government should take urgent action to support people already in the workforce who lack basic literacy, numeracy and digital skills."
Related information: Developing a modern industrial strategy
