Prior "job creation'
Socialist Press1980 1980-02-20Read it in the scan (PDF), scan page 4 →
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*I think we have done ather well", declared lames Prior, describing the Tories' record on unem›loyment.
He was speaking in a disussion of government plans o slash back the "job creaion" subsidies introduced by he last Labour government, hrowing additional thousands if workers onto already swollen dole queues.
Indeed the special employnent subsidy to small firms of less, than 200 employees-paythem £20 per week for up to 26 weeks for every extra full time job created -will be scrapped altogether.
And £140 million will be lopped off the Labour government's projected budget for the cosmetic job creation exercise, which artificially keeps hundreds of thousands of vorkers from signing on and boosting the unemployment figures.
Even under the Tories' pruned scheme up to 200,000 workers are expected to be kept-in most cases very temporarily-off the registers at an expenditure of some million.
As Thatcher's full-blooded recessionary policies coupled to the impact of the world capitalist slump begin to drive unemployment figures consistently upwards it is plain that this aspect of government spending is likely to remain a permanent feature.
Prior.
much.