Home / Knowledge / News / Textiles / Strong public sector can help lift the UK out of recession - TUC

Strong public sector can help lift the UK out of recession - TUC

10
Nov '09
Any cutback in public spending would prolong the UK's economic agony, limit the country's ability to haul itself out of recession, reduce key services at a time when they are most in need and lead to thousands of job losses, says a TUC.

The latest in the Trades Union Congress (TUC) Touchstone series - Speaking up for Public Services - says that widespread cuts in budgets would see workers losing their jobs in the private as well as the public sector. According to the pamphlet, for every £1 of public money invested in public services through direct employment and through procurement of supplies and services, a further 64p is generated in the local economy.

Written for the TUC by the Association of Public Service Excellence (APSE), the pamphlet includes the results of a survey of 2,000 public sector employees. This finds that 92 per cent of them have seen an increased demand for their services since the recession as families struggling to get by seek help with housing problems, debt advice, training and job hunting.

Published in advance of tomorrow's latest unemployment figures, which will include a growing number of public sector job losses, the pamphlet warns that maintaining investment in public services is vital to preventing long-term unemployment and minimising the social and economic impacts of the downturn for individuals, families and communities.

Speaking up for Public Services finds that every three per cent rise in unemployment leads to a 2.7 per cent rise in heart attacks among men aged 30-44 and increases of 2.4 per cent in murders and suicides in people under the age of 64.

The TUC pamphlet also shows that the recession and rising unemployment are a major source of the increase in poverty - 70 per cent of non-working families are poor compared to only five per cent of working families. Public services are essential to preventing these social costs, says the TUC.

The pamphlet also says that a ten per cent cut in spending levels would see around 200,000 public sector workers losing their jobs. And as around 29 per cent of public sector expenditure goes into the private sector, this would mean a loss of around £16.8 billion in investment - a move which would also lead to many private sector job losses.

TUC General Secretary Brendan Barber said: 'Public spending is a key election battleground. Immediate and sweeping cuts would be disastrous for the economy, for workers and for the users of public services.

'We need the public sector more than ever in a recession. Sharp cuts in public spending would not only hit the most vulnerable in society, but would also hamper the chances of growth, increase the incidence of long-term unemployment and cause widespread job losses in both the public and private sectors.

'Unemployment is now increasing at a slower rate than many were predicting. But long-term unemployment is likely to continue rising sharply for many months to come. Cutting backon public spending would put thousands of workers at risk of permanent worklessness, risking a repeat of the enormous social and economic costs of the 1980s.'


Must ReadView All

Vietnamese side of the border crossing with Hekou, China. Pic:  Klodien | Dreamstime.com

Textiles | On 27th Nov 2021

Efforts on to boost trade between Chinese & Vietnamese provinces

Trade agencies of Lao Cai province in the northwest region of Vietnam ...

Pic: Shaja | Dreamstime.com

Textiles | On 27th Nov 2021

US’ imports of polyester textured yarn to drop in coming months

The US’ imports of polyester textured yarn of HS code 540233 are...

Pic: Tatiyana Akimova | Dreamstime.com

Textiles | On 27th Nov 2021

Sri Lanka’s textile & garment exports on path to cross $5bn this year

After registering a steep fall of 21 per cent year-on-year to $4.423...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

G Tumbarello,

G Tumbarello

Lilly + Sid is an award-winning organic children's clothing company from...

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch
Glatfelter

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search