L

Lord Katz (Lab)

Speaking in the House of Lords on 23 July 2025

Debate

Jobs Market

Contribution

Noble Lords opposite may groan and sigh, but I am afraid the fact is that we cannot, in a year, undo the damage they did to the economy and the public finances in 14 years. We absolutely have had to take some difficult decisions on national insurance, but we have also taken steps to support employers to hire, including the smallest businesses, by doubling the employment allowance and launching a new employer commitment that sets a minimum service standard for employers working with Jobcentre Plus to fill vacancies. We have engaged with key growth sectors and industrial strategy sectors and have added 151 new employers to our portfolio. This is just a start, but it is going to be a long journey to undo the damage that the Benches opposite did to our country and our economy.

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