Downing Street Says » Job losses

» Thursday, November 13, 2008

Job losses

Asked what the Prime Minister had to say to 10,000 BT staff facing job losses, the PMS said that the Prime Minister had great sympathy with people who were facing redundancy. Redundancy was a traumatic thing to experience, but as we had made clear yesterday, there were still considerable opportunities in the economy for people who found themselves redundant. For example, in the last quarter, 260,000 signed on for benefits and 230,000 signed off. There were strong indications that employers were still looking to fill around 580,000 vacancies across the country in a range of sectors. We were doing everything we could as a government to help those who were unemployed to get back to work as quickly as possible.

Asked if it was fair to say that the current number of job vacancies could go down considerably over the next year, the PMS said that he was not going to forecast what vacancies may or may not be available in months ahead.

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