"The UK is sleepwalking into a quiet epidemic of joblessness with millions of people out of work and on benefits, the boss of the nation's biggest supermarket chain has warned. Ashwin Prasad, who runs the UK arm of Tesco, said he believed far fewer people were in work than should be and that taxpayers were spending an ever increasing proportion of our national income on out-of-work benefits."
"More than 9 million people aged 16 to 64 in the UK are classed as economically inactive, meaning they are not actively looking for work or available to start a job. This includes 2.9 million people aged 16 to 24, with almost a million young people not in education, employment or training, a 26% increase from pre-pandemic levels. Analysis by the thinktank the Centre for Social Justice (CSJ) suggests more than 700,000 university graduates are out of work and claiming welfare benefits."
The UK faces rising joblessness with unemployment at four‑year highs and millions out of work and on benefits. Over 9 million people aged 16–64 are classed as economically inactive, including 2.9 million aged 16–24 and almost 1 million young people not in education, employment or training, a 26% increase from pre‑pandemic levels. Analysis indicates over 700,000 university graduates are out of work and claiming welfare. The government announced an £820m funding package in December to help more young people into work or learning schemes. Business and policy voices call for coordinated, bolder action to boost labour‑market participation.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]