CBI responds to latest labour market statistics

16 Sep 2020 02:16 PM

CBI yesterday responded to latest labour market statistics.

Matthew Percival, CBI Director of People and Skills, yesterday said:

“The easing of lockdown restrictions and a more flexible Job Retention Scheme in July have led to the beginning of a recovery in vacancies and hours worked. But rising redundancies, rising unemployment and a record fall in the number of young people in work are clear warning signs of what is to come.

“Looking ahead, a successor to the Job Retention Scheme is needed to protect jobs and businesses.”