CBI responds to latest labour market statistics

Matthew Percival, CBI Director for People and Skills, said:

“These figures show serious difficulties for hundreds of thousands of people, but unfortunately this is still only the beginning of the impact on the labour market. Flattening the unemployment curve will remain paramount.

“The Government’s support measures have helped to keep many people in work and businesses running. As some begin to wind down in the coming months there may yet be a need for more direct support, including grants and extending business rates relief. Prevention is always better than cure.

“It will be vital for business and government to work together to successfully deliver the Kickstart Scheme simply and quickly in the autumn to support young people. There can be no time lost in preparing people for the most difficult jobs market in decades.”