Thursday 28 July 2011

Welfare protection...

Interesting piece from James Purnell, following on from his #Newsnight presentation, where he argued for welfare protection being built into unemployment provision. A new national salary insurance could offer working people who become unemployed up to 70% of their earnings in non-means tested support for up to six months (capped at £200 a week). This would incorporate their existing entitlement to contributory jobseeker's allowance (£67.50 a week), trebling the amount of support available to people when they lose their job. What a great idea, paid for from increased National insurance contributions when in work.