Home Business news Prevent ‘tsunami’ of job losses when furlough ends, TUC urges Sunak

Prevent ‘tsunami’ of job losses when furlough ends, TUC urges Sunak

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UK should adopt German-style wage support for short-time working, unions say

Rishi Sunak has been urged by union leaders to launch a wage subsidy scheme to prevent a “tsunami” of unemployment when furlough comes to an end this autumn.

Demanding the chancellor follows the examples of other leading European countries to avert a looming jobs crisis, the Trades Union Congress said a continental-style system of “short-time working” wage support could be used in Britain to save millions of jobs from redundancy.

Related: Germany is right to extend its furlough scheme. Why won’t Britain do the same? | Peter Kuras

Continue reading…UK should adopt German-style wage support for short-time working, unions say Coronavirus – latest updatesSee all our coronavirus coverageRishi Sunak has been urged by union leaders to launch a wage subsidy scheme to prevent a “tsunami” of unemployment when furlough comes to an end this autumn.Demanding the chancellor follows the examples of other leading European countries to avert a looming jobs crisis, the Trades Union Congress said a continental-style system of “short-time working” wage support could be used in Britain to save millions of jobs from redundancy. Related: Germany is right to extend its furlough scheme. Why won’t Britain do the same? | Peter Kuras Continue reading…