An ambitious plan is needed to deliver a good jobs recovery and the ‘Right to Retrain’ manifesto commitment to support workers' transition into new opportunities.
Recommendations for the Comprehensive Spending Review and Autumn Budget
- Deliver a new generation of good jobs by resolving the funding of adult social care to unlock more than 600,000 jobs by 2035; bringing forward £9.2 billion of investment for energy efficiency improvements; and reducing Employer National Insurance Contributions to stimulate private-sector employment.
- Delivering the ‘Right to Retrain’ commitment to support people to transition into new good jobs by creating a ‘New Deal for Adult Education’ worth £7 billion and delivering targeted employment support for those struggling to stay afloat.
- Take urgent action to prevent long-term unemployment by allowing furloughed workers who lose their jobs to access employment and training support immediately and introduce a Hiring Credit worth £3,000 for firms taking on people who have been out of work for more than 12 months.
- Provide additional support to level up the weakest economies with an ambitious UK Shared Prosperity Fund worth £14 billion.