voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
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UK Spring Budget and what it means for employability across the UK
Created: 11/04/2024
News/Events Category: Employability
This item will show under the following categories: GovernanceThe UK Spring Budget has been released.
Highlights for employability across the UK include:
- The unemployment rate remains low by historic standards at 3.8% in Q4, and has fallen since the summer of 2023
- The number of vacancies is now 28% below the peak level reached in mid-2022
- The unemployment rate is forecast to fall gradually to 4.1% in 2028
- £3.5 billion a year by 2024-25 to support more people into employment
- The government is extending the duration of the Additional JobCentre Support pilot across Scotland and England for a further 12 months
- £7 billion package to increase the number of people in work
- £2.5 billion Back to Work Plan to expand employment support for the long term sick and disabled and the long-term unemployed
What now?
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