Monday, May 19, 2008

Making work pay?

How many new jobs would be created if incapacity benefits were reduced to the national minimum wage?

"Of the minority who said they would like a job, about a third of men and one in six women said they would need at least £300 a week after tax to make it worthwhile coming off benefits and going in to work."

Employers of unskilled labour are being priced out of the labour market as they cannot compete with the benefits available to unskilled labour!

1 comment:

Gary Monro said...

Astonishing really when you think about it: employers have to compete with the government's welfare handouts in order to attract workers. But when you factor in the subsidised dentist, perscription, council tax etc that welfare offers - on top of the rent assistance and weekly cash sum - it's not surprising they have to import cheap labour from elsewhere...