Necessary deliberation required for crucial points of the Employment Rights Bill to guarantee they don't hinder job creation growth
In the face of an uncertain economic backdrop and a decline in job opportunities, young people are encountering particular obstacles in finding work. This trend has been reflected in the latest employment statistics, which show an increase in unemployment compared to the last quarter.
The Government is taking steps to address this issue, with a focus on ensuring measures in the Employment Rights Bill do not negatively impact employment growth. These consultations aim to prevent measures from acting as a further headwind on employment growth and are crucial in supporting young people in the job market.
The Government's actions are also aimed at reducing costs and complexity in the recruitment process, with the hope that this will encourage employers to take on more young workers. Policy makers are considering taking further steps to support employers in recruitment and staff training, recognizing the importance of these measures in supporting employment growth.
Attention is also being given to real pay growth, which has been on a downward trend. Inflation is expected to impact pay growth in the short-term, and the focus is on ensuring that wages keep pace with the cost of living.
The economic situation is not the only challenge facing young workers. Employer decisions on pay may be influenced by the gradual loosening of the labor market, making it even more important for the Government to support young people in securing training and employment.
In a similar vein, the German Federal Ministry of Labor and Social Affairs (BMAS) has announced changes to employment law to be made through secondary legislation. Current discussions are ongoing within the ministry and relevant social partners such as trade unions and employer associations. The aim is to strengthen steps to support young people in securing training and employment.
The consultations also aim to prevent additional costs and complexity in recruiting and managing staff, recognizing that these factors can act as barriers to employment for young people.
In conclusion, the Government's actions are vital in supporting young people in the job market, particularly in these challenging times. By reducing costs and complexity in the recruitment process, and by taking steps to support employers in recruitment and staff training, the Government is working to ensure that young people are not left behind as the economy evolves.
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