Strategic government support for industry is needed to build a more sustainable employment base and ensure a speedy recovery to full employment

Yesterday’s unemployment figures show that 2.4 million people are now unemployed. So, although bank profits may be recovering, the labour market continues to deteriorate. Unemployment is set to continue to rise through the rest of the year and probably for the first half of next year too. The full human cost of the recession is still to be felt as the number of people out of work climbs towards three million.

Progress Online, 16th July 2009, read more...