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U.K.’s Labour to Strip Benefits From Unemployed If Job Refused
The U.K.’s opposition Labour Party called for a compulsory jobs guarantee for the long-term unemployed, making state welfare payments dependent on paid employment. The party’s treasury spokesman, Ed Balls, said the guarantee would initially be for adults who are out of work for 24 months or more, though Labour would seek to reduce this to 18 or 12 months over time. The party said there are currently 129,400 adults over the age of 25 who have been out of work for 24 months or more, a rise of 88 percent in a year. To pay for the jobs guarantee, which Balls estimates would cost 1 billion pounds ($1.6 billion), he ... (full story)
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