L

Lord Londesborough (CB)

Speaking in the House of Lords on 8 September 2025

Debate

Labour Market

Contribution

I thank the Minister for her response, although I point out, in the interests of balance, that unemployment is rising while job vacancies are falling fast. In fact, graduate vacancies have now dropped to their lowest level since 2018, with some 40% of our graduates either in low-skilled jobs or unemployed, yet employers report that skills shortages are frustrating job creation and holding back productivity—the two key ingredients of economic growth. Can the Minister tell us how phase 2 or the reset will address this damaging mismatch?

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