The Treasury has announced new steps to boost workforce participation ahead of this week’s Budget
The Chancellor's Spring Budget is set to be delivered on Wednesday and is expected to outline targeted measures to boost workforce participation for benefit claimants, the over-50s and the long-term sick and disabled. Tackling economic inactivity is a key component of Jeremy Hunt's plans, as employment numbers have languished far below their pre-pandemic levels, harming the UK's already-struggling economy.
The Chancellor will also set out plans to encourage over-50s to return to work through an expansion of skills training. The Chancellor has faced pressure to act on childcare, after it was shown to be among the most expensive in the world. "I want this back-to-work Budget to break down these barriers and help people find jobs that are right for them.
He added: "To be successful these proposals must lead to a more person-centred system that offers specialist, tailored and flexible back to work support.
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