Ministers are “sleepwalking into an unemployment crisis”, a senior Conservative warns today as peers call for a “new deal” to fire the economic recovery from coronavirus.
A House of Lords panel urged the Government to “shift spending away from wage subsidies and towards creating new jobs, if it is to prevent a spike in unemployment next year”.
Funds should be targeted at boosting the number of social care workers and nursery staff, according to the Economic Affairs Committee.
Its 74-page report, Employment and Covid-19: Time for a New Deal, published today, says: “Investment in sustainable industries, social infrastructure and in the employment and skills system should be a major element of the Government’s ‘levelling up’ agenda and it