Britain simply can’t afford mass redundancies – yet politicians seem resigned to the job losses to come, says the IPPR’s Clare McNeil
As news rolls in each day of a fresh round of job losses, fatalism seems to have set in. Forecasts suggest that as many as 1.3m jobs could be lost as the government’s furlough scheme ends; and unemployment could hit a terrible new high of 4 million people by the end of the year. However, all sides of the political debate seem to have conceded that the flagship job retention scheme will have to end soon for most businesses.
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