REC response to the Chancellor's summer statement

In response to the Chancellor’s summer statement, Neil Carberry, Chief Executive of the REC, said:

“We asked the Chancellor to focus on jobs, and he has done so. Moving on from the furlough scheme as the crisis develops is essential – people need stable jobs for the long-term, not the sort of short-term subsidies that were needed for lockdown. The employee retention bonus and the kick start scheme are good ideas – and it is right to focus support on young people. The kick start scheme will use temporary work as a stepping stone to get young people into work again – an approach the REC knows to work. The effect of unemployment on a young person’s career and earnings can be catastrophic.

“We’re delighted the government has recognised the vital role recruiters play in helping people find their feet when they become unemployed. After months of  working closely with DWP, today’s announcement of a specific fund for the delivery of private sector employment support to jobseekers will help address unemployment and support the industry to keep doing what it does best.

“Other measures announced today are proportionate steps to support short-term goals on getting spending flowing and investment in skills. Big longer term questions about sustainable growth and employment remain on issues like the apprenticeship levy and national insurance – the Chancellor will have to return to these in the Autumn. One disappointment in the speech, however, is the lack of any indication about the economic boost that will be delivered by re-opening workplaces. Many firms want to know when government will feel able to boost employee confidence by switching from working from home if you can, to going to work if it is safe.”