Article 554N5 UK needs 'biggest-ever peacetime job creation plan' to stop mass unemployment

UK needs 'biggest-ever peacetime job creation plan' to stop mass unemployment

by
Richard Partington Economics correspondent
from on (#554N5)

Resolution Foundation calls for job protection to last until end of 2021 amid coronavirus crisis

The biggest job creation package in peacetime is needed to prevent the worst unemployment crisis in Britain for a generation, a leading thinktank has warned.

Sounding the alarm as job losses mount, the Resolution Foundation called on the government to continue subsidising the wages of workers in the sectors of the economy hardest hit by the Covid-19 crisis until at least the end of next year.

Related: Rishi Sunak is a reluctant Keynesian. But he has no choice | William Keegan

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