Labour Party calls for the creation of 400,000 jobs | Mortgage Introducer

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As part of the initiative, the Labour Party would like to see the job investment in the manufacturing sector, through a green recovery from the COVID-19 crisis.

Moreover, as part of a drive towards a clean economy, the Labour party is calling for an economic recovery that will deliver high-skilled jobs across the UK.

It is also calling for the low-carbon infrastructure of the future to be built in Britain.

According to the party, its calls follow extensive consultation with almost 2,000 businesses, trade unions and other stakeholders on what a credible green recovery should look like.

Furthermore, the consultation outlined that the government should recover jobs, retrain workers, and rebuild business by creating a National Investment Bank focused on green investment

Franz Doerr, chief executive of flatfair, said: “Britain has not forgotten Boris Johnson’s pledge to ‘Build, Build, Build’, so the government must now put its money where its mouth is and spearhead the creation of hundreds of thousands of new, coronavirus-proof jobs.

“Furlough, sadly, is set to serve only as a sticking plaster for many workers who will ultimately find themselves out of a job come the scheme’s end.

“Investing in a wave of green and secure jobs, however, will turbocharge Britain’s post-pandemic recovery — placing all of our eggs in one basket via the Job Retention Scheme will only postpone an inevitable avalanche of unemployment.

“Creating new, sustainable jobs will also stave off a potential crisis in the rental market, ensuring that tenants are able to keep up with their payments while preventing mountains of debt from piling up at the feet of landlords.

“In addition to prioritising careers in manufacturing and construction, the government must also lend its support to the tech sector. Throughout the pandemic, technology has played an integral role in keeping us connected and much more.”