Chancellor George Osborne says "Lack of jobs made worse by skills shortage"

Submitted by garyb on Thu, 12/01/2011 - 11:07

Delivering his Autumn Statement, Chancellor George Osborne has suggested that  while unemployment is a jobs problem, it is also down to the fact that the UK is experiencing a lack of skills.  He said: “The problem is, of course, primarily a lack of jobs, but it is made worse by a lack of skills - too many children are leaving compulsory education without the basic skills they need for the world of work.”  Osborne called investment in education a “central plank of my economic policy”.

He also discussed the £1bn subsidised work scheme announced by deputy PM Nick Clegg last week.

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