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GDP figures show entire industries and millions of jobs at risk

12 Jun 2020
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After a decade of austerity cutting out way out of this is not an option says GMB Union

Today’s GDP figures show millions of jobs and entire industries are at risk, says GMB. 

The union added large scale investment in a new economy is needed - with fairness and working people at its heart.

John Phillips, GMB Acting General Secretary, said:

“Urgent action is needed on a sector by sector basis. Workers, employers and communities need a plan. 

“After a decade of austerity - and how ill-prepared that left us for this crisis - cutting out way out of this is not an option. 

“Today’s figures show the scale of what we are facing. Entire industries and millions of jobs are at risk. 

“The world has changed, and with that we need large scale investment in a new economy and sustainable industrial strategy that has fairness and working people at it’s heart. 

“Ministers need to urgently get round the table with unions and employers for meaningful discussion if we’re to protect people in the weeks and months to come. 

“The economy won’t move if people aren’t in work and can’t spend in their local areas. Action is needed now.”

 
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