A bad Budget for jobs and for jobseekers
Overall, this was a Budget that seems highly likely to lead to rising unemployment.
Overall, this was a Budget that seems highly likely to lead to rising unemployment.
The Coalition Government has been keen to express sympathy for those facing unemployment. But in contrast to these sentiments, the Government’s main labour market policy so far has been to cut support for unemployed people.
Today’s labour market figures show that although a fragile labour market recovery may be starting, the fact that many are still facing unemployment and persistent long-term worklessness remains a significant risk.
The decision to axe the future jobs fund means that the 205,000 jobs that would have been provided have been reduced to 111,000; 94,000 jobs have been lost.
The TUC has launched Cuts Watch, mapping where spending cuts are made & considering their impact for jobs (public & private sec), for families & for communities.
On tackling unemployment, today’s coalition agreement bears a striking resemblance to the Conservative Party manifesto – and has scarcely more detail.
Jobs have not been a prominent issue during this campaign. This is a real concern, as the labour market is at a precarious point.
Tough talk may win votes, but it doesn’t create jobs. The reality is that continual investment is what is needed to Get Britain Working.
The TUC have published The Red Tape Delusion. The report systematically dismantles the neo-liberal argument that labour market regulation prohibits growth.
The Government has extended the Future Jobs Fund to everyone out of work and claiming benefits for two years. This progressive policy is a cause for celebration.