This is the last article you can read this month
You can read more article this month
You can read more articles this month
Sorry your limit is up for this month
TRADE unions and the Labour Party are backing calls for the “biggest job creation drive” ever in peacetime to stave off the worst collapse of the economy and employment levels since the 1930s.
As the government abandons its Job Retention Scheme, which subsidises the wages of workers laid off during the coronavirus crisis, unemployment is forecast to hit 4.5 million by the end of the year — worse than the three million created during the Thatcher regime of the 1980s.
A devastating new report condemns Tory government inaction over the last decade for contributing to the approaching crisis, and calls for “the biggest job creation drive” since the end of the second world war.
The report from independent analysis group the Resolution Foundation won backing from trade unions and Labour at the weekend.
It warns that the poorest, youngest and lowest-paid will be worst-hit and particularly workers in industries such as hospitality, non-food retail and arts, leisure and entertainment which have been particularly damaged over the last few months.
Resolution Foundation senior economist Nye Cominetti said: “Britain is slowly emerging from the lockdown that brought the economy to a halt and sent employment tumbling, but we are a long way off returning to business as usual, and its jobs crisis is far from over.
“A second wave of unemployment later this year, following the phasing out of the job retention scheme, could leave Britain with the highest unemployment levels in a generation.
“The government’s approach should include a job protection scheme to maintain employment in the hardest-hit sectors and the biggest ever peacetime job creation programme.”
Labour condemned failed Tory initiatives such as pledging to build 200,000 new homes as “never getting further than a press release” and said the government’s priority must be protection and creation of jobs.
Labour leader Keir Starmer said: “We are on the cusp of one of the biggest economic crises we have ever seen.
“The government must immediately prioritise protecting people’s lives and livelihoods.”
He called for a “back to work” budget focused on “jobs, jobs, jobs.”
He attacked the Tories’ record of plummeting investment in UK industry — including in house building — and said: “For much of the country, the Tories’ record on building and investment has been a lost decade.
“Much-hyped plans such as the Starter Homes initiative — which built zero houses despite having £2.3 billion allocated to it — barely even made it beyond the press release. It’s been talk, talk, talk rather than build, build, build.”
Unite union assistant general secretary Steve Turner said: “With a tsunami of job losses expected across the economy as the Chancellor runs down the government’s Job Retention Scheme, today’s call by the Resolution Foundation for a ‘Job Protection Scheme’ to replace it is timely and echoes calls from the Trade Union Congress, and supported by Unite, for a ‘Job Guarantee Scheme’ as a central element of a recover and rebuild strategy post-Covid.”
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.