Source · Select Committees · Treasury Committee
Recommendation 7
7
Paragraph: 61
It is vital that workers made redundant have the opportunity to reskill.
Recommendation
It is vital that workers made redundant have the opportunity to reskill. We heard evidence that the poor reputation of schemes in the 1980s actually reduced participants’ employment prospects. Even though the Treasury is unlikely to be responsible for delivering vocational or reskilling schemes, given the role of these schemes in reducing long term unemployment, we recommend that the Treasury ensures that their quality and reputation is monitored. We recommend an evaluation of these schemes every six months afterwards to assess whether they genuinely increase job prospects.
Paragraph Reference:
61
Government Response
Acknowledged
HM Government
Acknowledged
The Treasury is continuing to monitor trends in consumer spending and our economic response will continue to evolve and adapt to ensure the economy gets the support it needs at the right time. On your comments on the Treasury’s role in monitoring and evaluating the reskilling programmes, we agree that we should evaluate the effectiveness of schemes that have been put in place, and we will be putting in a framework for gathering evidence and evaluating programmes as part of the Spending Review process.