More than a THIRD of workers get pandemic financial support

More than a THIRD of workers get pandemic financial support: Millions of adults have been given help by the Government since Covid hit, new figures reveal

  • Around 14.5million jobs and individuals have been supported by initiatives
  • The Chancellor said the £352billion package prevented mass unemployment 
  • Financial support provided by Government is now starting to be wound down

More than a third of working adults have been given financial support by the Government during the pandemic, figures reveal today.

Around 14.5million jobs and individuals have been supported by initiatives such as the furlough scheme and help for the self-employed, figures compiled for the first anniversary of Rishi Sunak’s Plan for Jobs programme show.

The Chancellor said the £352billion package, now starting to be wound down, had prevented the pandemic causing mass unemployment. 

Around 14.5million jobs and individuals have been supported by initiatives such as the furlough scheme and help for the self-employed, figures compiled for the first anniversary of Rishi Sunak’s Plan for Jobs programme show

He said: ‘This time last year we faced a potential tidal wave of job losses, with the UK on the brink of a financial crisis like no other in our history. 

‘We know the job is not yet done and our economy needs to recover, which is why we are continuing our support to give everyone the best chance of moving on.’

The scheme, which pays 80 per cent of wages for staff who cannot work due to Covid restrictions, will continue until the end of September.

From the start of this month employers were asked to contribute 10 per cent of costs and next month this will rise to 20 per cent. 

Commenting on the milestone, Boris Johnson said: ‘Although we still have a significant task ahead of us, I am determined to make sure that every corner of the UK benefits from our Plan for Jobs’

Some experts fear the scheme’s end will cause a spike in unemployment but other firms have said it is distorting the labour market. 

Commenting on the milestone, Boris Johnson said: ‘Although we still have a significant task ahead of us, I am determined to make sure that every corner of the UK benefits from our Plan for Jobs.

‘As we reopen carefully, we will make sure we support people into high skilled and better paid jobs as we build back better from the pandemic.’

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