News
"Childcare workers are worth more to society than bankers", says thinktank
14 Dec 2009
The report revealed that City workers, advertising executives and tax advisers destroyed value, while hospital cleaners, childcare workers and staff in the waste recycling industry gave much more to the country than they took out.
They evaluated jobs on the basis of their environmental impacts and knock-on effects for jobs and wellbeing in society as well as conventional economic returns. The thinktank calculated that childcare workers create between £7 and £9.50 of value for every £1 of pay. In opposition to this, it claimed that bankers destroy £7 of value for every £1 earned.
(The Guardian, 14 December 2009)
