Economic Indicators 

The spectre of a job guarantee

Chris Dillow

Chris Dillow
The spectre of a job guarantee

Unemployment is rising. The Office for National Statistics is likely to report next week a big rise in joblessness – not just those officially unemployed, but also those out of the workforce who want a job. It’s also likely to say that the number of vacancies has halved since before the pandemic, which suggests many of the unemployed have little chance of getting work quickly.

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