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Thursday, April 25, 2024

Ending Furlough Too Quickly Could Kill Recovery Before it Starts

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Instead of driving us off a furlough cliff edge later this year, the Government should provide continued support for employers says GMB Union

GMB Union has warned ending the furlough scheme too early could kill any recovery before it even starts.

The warning comes as the Government reduces the contribution it makes to the Coronavirus Job Retention Scheme (CJRS) from today. 

Gary Smith (pictured), GMB General Secretary, said:

“Ending the furlough scheme too quickly could kill a recovery before it even starts. 

“Ministers ‘open-mindedness’ over an extension to the job retention scheme needs to become a reality.

“Instead of driving us off a furlough cliff edge later this year, the Government should provide continued support for employers that need it – especially in those sectors that have been hammered by the pandemic.

“Our recovery is a process, not an event.

“Ministers are seriously misguided if they think we can suddenly revert to business as usual.”

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