Frances O’Grady, who took over as TUC chief at the turn of the year, said the problem of under-employed people, who are forced into low-paid, part time jobs instead of full-time steady ones, has been covered up by sham news on declining unemployment rates.
“We’ve got a real problem in terms of short-termism in the UK and we need an active industrial strategy,” O’Grady warned the government.
“It means we need real public investment in our transport system, our energy infrastructure system. While the Government did announce another £5bn, that was a net loss of £15bn because it cut investment in our infrastructure system. Those are false economies for the long-term growth of the economy,” she added.
O’Grady’s warning comes as official figures from the Office of National Statistics (ONS) show more than three million people in Britain are underemployed, seeking to work more hours to earn more.
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