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Posts Tagged ‘self employment’

Last week David Milliband presented recommendations from his Commission on Youth Unemployment.

The Report

He has welcomed the introduction of job subsidies under the new Youth Contract, which will come in from April, but called for a boost in the number of these that will be made available to employers.

He recommended setting up Youth Employment Zones in hotspots of worklessness around the country.

The report also majored on self-employment. For recovery to be sustainable, new jobs need to be created by start-up businesses. Unemployed graduates in particular should be encouraged to set up their own businesses.

 

See the full report here

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Help the Unemployed become self employed…. Enterprise clubs

More needs to be done to encourage and help unemployed people to see self-employment as a viable route off benefits and into financial independence.

On 31 January 2011, the Minister for Employment announced the launch of Enterprise Clubs which is targeted at unemployed people interested in self-employment

The main aim of Enterprise Clubs is to help people make the most of local knowledge and resources to help unemployed people in their communities set themselves up as self-employed or start their own business.

They will empower local communities and encourage people to work together to offer additional support to unemployed people who are interested in becoming self-employed. They will also help local communities to become more prosperous by encouraging private sector growth.

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Universal Credit… the warning

According to the Shadow Employment minister Stephen Timms, the current tax credit system was better at supporting people who wanted to escape unemployment by setting up their own business.

However, Labour has claimed that the Government’s Universal Credit could hit small business start-ups, .

During Work and Pensions Questions in the Commons Stephen Timms said:

“The Low Incomes Tax Reform Group has said tax credits today support self-employment much better than the proposals for universal credit will in the future. This is because universal credit will assume people are earning at least the minimum wage which is completely unrealistic in the early years of self employment.

He asked the government to look again at this particular issue with universal credit, at least for the first year or two of self employment…

Employment Minister Chris Grayling said:

We will be monitoring very carefully how decisions we take around Universal Credit work.

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National employment rate rises to 29.23 million


Employment levels in the UK have fallen by 0.1% over the last quarter, according to a report published today by Office of National Statistics.  The decrease equates to 143,000 more people over the age of 16 who have not been able to find employment between December 2010 to February 2011.  There has been an increase in the number of people in full-time employment as 140, 000 more people have gained full-time positions on the quarter. During the last six months self-employment reached a record high of 4.03 million.

 

The Employment Minister, Chris Grayling MP said:

“These figures are another step in the right direct direction, it’s good news to see a rise in the number of full time jobs in the private sector and the fall in unemployment is welcome. It is also reassuring to see a fall in the number of young people not in full time education who are unemployed.

“However, there are challenges ahead and our priority is to continue to support the economy, by reducing the deficit and putting in place measures to encourage growth in the private sector.”

 

However, the number of people claiming Jobseekers Allowance has increased by 700 between February and March, with 1.45 million Britons applying for support.  The number of women claiming benefit continues its nine-month rise as there was an increase of 5,100 women claiming JSA, whereas the number of male claimants fell by 4,400.

 

Kuki Taylor

Research and Communications Officer

Source:

Published on 13th April 2011

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