In her first keynote speech today [Thursday 13 October],
the Secretary of State for Work and Pensions is expected to
implore business to play a greater role in tackling inactivity in
return for Government action on vacancies.
Speaking with business leaders and campaigners at Policy
Exchange, Chloe Smith MP will outline the Government’s
mission to grow the economy, unleash the potential of the
labour market, drive prosperity and deliver opportunity for
everyone.
Secretary of State for Work and Pensions, , is expected to
say:
“Businesses need to show how they are playing their part in
reducing inactivity and growing the economy by making the labour
market more accessible and inclusive.
“In return for the Government helping businesses fill their
vacancies, we are expecting employers to invest in their
workforce’s progression and health.”
Her speech comes as new figures released this week show the
unemployment rate is at a near record low, and the number of
people on company payrolls remains high.
However, the Secretary of State will stress unfilled posts is
unfilled potential, and her focus is on helping people of all
working ages and circumstances back into work, and having the
opportunity to progress.
She will also outline how the department is going further to
encourage more movement in the labour market by:
-
Reforming work incentives and support within the
welfare system helping more unemployed people
move into available jobs, and for those already in work, to
increase their earnings.
-
Preventing the flow of people moving into economic
inactivity helping people return to the workforce
with the support of dedicated Work Coaches by securing the role
that’s right for them and supporting people to remain in work –
so they can experience the benefits of our drive for growth.
-Ends-
Notes to Editors:
- Full details will be set out during the Secretary of State’s
speech at Policy Exchange at 2:00pm today [Thursday, October 13]