Benefit claimants should have to look for jobs, says Keir Starmer

Published On Sep 25, 2024, 1:10 AM

Keir Starmer, the leader of the Labour Party, emphasized the importance of encouraging long-term sickness benefit claimants to seek employment, while ensuring they receive necessary support. He acknowledged the concerns of individuals returning to work after long-term illness, as the number of people out of work due to health issues has increased significantly since 2019. Labour aims to legislate to combat benefit fraud and enhance support for those re-entering the workforce, including proposals for healthcare initiatives aimed at speeding up recovery. The ongoing high inactivity rates in the workforce and the rising costs of sickness benefits are pressing issues that the party is looking to address.

Stock Forecasts

The focus on welfare reform and the emphasis on productivity suggests that sectors related to health and rehabilitation may benefit from increased spending and initiatives to support employment. Investors in healthcare stocks might see growth as a result of potential investments into programs aimed at returning the ill to work.

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