Multilingual Business Communication

April 7, 2009

The worst is yet to come

Filed under: employee communication, Séverine De Ryck — meertaligebedrijfscommunicatie @ 2:53 pm

LONDON - NOVEMBER 12:  Members of the public make their way to the Job Centre Plus in Westminster, on November 12, 2008 in London, England. The number of people out of work in the UK now stands at 1.82 million, the highest it has been for the past 11 years. Economists are predicting that unemployment could top 2 million in the coming months.

In The Economist of March 21st, an analysis is made of the current unemployment in Britain. Although the credit crunch has many victims, the suffering is most manifest in the long list of ordinary working men and women who applied at employment agencies, for example Jobcentreplus, the state’s job-search agency. Nevertheless, in 2005 the Labour Party guaranteed full employment in every region of the UK by 2010. At this moment, this promise seems quite unreachable, as the number of people out of work and looking for jobs has climbed to more than 2 million for the first time since 1997. Contrary to earlier recessions, the unemployment is now widespread across all the regions in the country. Another difference is that in the current crisis, every social class and occupation is affected. According to Tom Hadley of the Recruitment and Employment Confederation (REC), employment agencies have now to help well-paid people who have never before lost their jobs. This has even worse consequences for the economy, as a record number of people are claiming jobseeker’s allowance. James Purnell, the work and pensions secretary, thinks that it is important to prevent short-term unemployed people from turning into long-term jobless. To do so, the state is planning to give businesses that hire people who have been unemployed for six months or more £ 1.000 per worker, and an additional £ 1,500 for training. The Economist says this strategy makes some sense, although this money will go to employers that intend to hire anyway. To me, it sounds quite unlogical. This operation is presented as being completely normal. But still the situation is quite critical at the moment. A lot of extra unemployed people ask for an allowance, but the state still would like to give a bonus to the hiring businesses. I wonder where the government is going to get all this money.

The Economist, A flood of misery, March 21st-27th 2009

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