Welfare Work And Education

Welfare, Work and Education

The writer examines the current government policies on education and welfare. He then seeks to evaluate their effectiveness in the job market and how well they meet the requirements of the people and their impact on these particular people. He gives propositions on the workability of these policies and gives propositions on how they should be structured to meet the needs of the workforce and meet the flexibility of the now so static job market. It is these propositions that are the subject of this discussion and I seek to examine each of them and evaluate the economic concepts behind the argument as I also evaluate the same depending on the information from my course.

Remove payment anomalies

The current reward systems of the government are the same for people with different conditions and activities in their job place. These activities involve the people undertaking education whether in full time basis or part time. On conditional basis some individuals have disabilities and yet their pay systems and welfare considerations are aligned with those of other people whose ability is on course.

As noted by the author, Australian policies award single women and people with disabilities with the same amount irrespective of whether they are in school or in search for jobs. This disregards the macro economic concept of reward associated with the effort, the concept of reward was developed around by the post Keynesian economists who argued that the reward given to an individual should be directly related with the effort put by the individual towards the production process, however when we examine the government systems these people despite the varying amount of effort they reward these people with the same amount. Though most of these economic concepts are built around some assumptions it is just important to realize that they carry much factual information which should be evaluated by government to help come up with the correct system. (Nick 2006).

Welfare, Work and Education

More flexible activity requirements

The chances given to workers for course enrollment should be flexible enough to help them meet their activity requirements and their social and scholarly needs. The basis of these chances should be based on the condition or ability of the individual. The individuals should be encouraged to enroll in courses that add value to their current jobs.

Just as noted by the classical economists the development of a system should be built around increasing the competition which comes in to bring some kind of efficiency in the factors of production. Therefore flexibility of the market has the effect of bringing in competition which in the long run helps effect the labor force.

Combining training with employment assistance

Training and employment opportunities should include investment in two very crucial resources: that is money and time. On trying to achieve this, job providers should ensure that adequate time is availed to help people invest more in value adding education. This requirement may necessitate an increment on time currently allowed which is three days. An increment in these days will allow individuals adequate time to add value and acquire enough curricular qualifications to allow them better opportunities in the future. Besides this, the transition from unskilled to skilled labor forces will increase thus guaranteeing efficiency in the economy within a few years.

The effects of these investments have very favorable results. Firstly, the country being able to provide a viable workforce is strategically positioned in the view of the global market which happens to be the centre of globalization. This has not only an effect on the individuals’ resources but also the state stands to benefit greatly due to taxes generated from these individuals through export of labor. Secondly there is more capital realized through investment

Welfare, Work and Education

in human resource. This will obviously help the government and the people to make viable investments. This is one of the concepts that the present day economists have tried to propagate i.e. globalization, though capital and its development was the subject of discussion from the time of Ricardo and Alan Smith the era of classical economics.

Better access to work skill vouchers

Work skill vouchers should be used to provide chances to the individuals who are lacking in qualifications, by helping them achieve certain levels of education to increase their chances of getting good jobs with better pay and consequently jobs that have security. This ensures that individuals do not loose jobs due to inadequate skills. This helps the government reduce the poverty levels and bring more people under permanent employment other than casual employment.

The economic concepts that may be derived from this government initiative is the control of the countries money resource and ensuring it flow this arrests the rates of inflation and deflation which both affect the country negatively, though the issue of inflation came to be most apparent in the 20th century a time of the Keynesian theory which tackled the question of inflation in a slight way and mostly represent the ideas of liberal economists.. (David 2007).

Evaluation of welfare policies in the static labor market

The job market as evaluated by the author has become very static and the traditional market which had particular insistence to training requirements on the individuals has devolved to the current policies which now favor the need for individuals to seek employment first before the training. This means that unlike in the past when the individuals would first acquire curricular qualifications, they now have to do with jobs that require low skills and then gather curricular qualifications while on the job.

Welfare, Work and Education

This current method has been argued to be very effective as far as the individuals’ understanding of the job is concerned but then the main question is how effective is the policy in regard to the welfare of these individuals (John 2007).

Based on my understanding of the policy the effectiveness of the program may not be realized as early as they stipulate. It will involve alterations on government policies to accommodate provision of resources besides this thee government will have to invest in time to make sure that these individuals complete the training.

The other thing that comes to mind is the reduction in the pension and study packages. To counter this, the government will have to adjust its rates through the central bank to accommodate this new borrowing lot who will obviously have to do with credit in the short run to bridge their expenditure. Just as argued by the modern day economics the government controls the amount o f money in circulation by introducing “the invisible hand” which is interpreted to be use of interest rates and other government tolls to check inflation and deflation levels.

This takes us back to the recommendations made at the beginning of this paper when I had discussed the recommendations to bring about the effectiveness or the required results of the system. The same recommendations will apply in this case to adjust and fix the system to deliver the desired effects on the system (Luis and Fabra 2007).

These effects include better welfare policies which incorporate the people’s desire to gain both curricular and job training requirements to help promote their independence which is mainly implanted in their nature.

Welfare, Work and Education

References

David, B. (2007): The welfare state and relative poverty in rich western democracies vol 5 Issue no 6.

Earl J and Ng R (2009) Australian journal of career development, accuracy in self assessment, the role of ability, feedback, self efficacy and goal orientation; Vol 17 no 3

John, C. (2007): Australian journal of labor economics, policy evaluation, welfare weights and value judgments, vol 10 Issue no 1.

Luis, L and Fabra, E (2007): International Advances in economics research: Evaluation of the effects of education on job satisfaction, 2007 edition.

Wink worth G and McArthur (2009). Back to school opportunities for early intervention and social inclusion from the school base; Vol 33 no. 4 pp 5-12

Nick, G. (2006): Australian Journal of Social Issues, putting wage earners into wage earners welfare states, vol 22 Issue no 3.