ONS Labour Market Stats Response From Pro Bono Economics
UNITED KINGDOM / AGILITYPR.NEWS / February 23, 2021 / In response to today’s release of ONS Labour Market Statistics
Anoushka Kenley, Pro Bono Economics’ Research and Policy Director said:
“The longer people are out of work, the harder it is to get back and these figures show that 670,000 people have now been unemployed for over six months. Almost a third (29%) of those are young people. Yet the charities that offer job coaching, training and financial advice are strained to their limits after a year-long fundraising drought. To help the people hardest hit rebound, it is essential to invest in these services experiencing unprecedented demand for the ladder out of unemployment that they offer.”
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Pro Bono Economics uses economics to support the social sector and to increase wellbeing across the UK. It combines project work for individual not-for-profits and social enterprises with policy research that can drive systemic change. PBE was co-founded by Bank of England Chief Economist Andy Haldane and is chaired by former Cabinet Secretary Gus O’Donnell.
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