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APPG Equalities: Equality and the recession

APPG Equalities: Equality and the recession . Andrea Murray, Acting Group Director Strategy 15 July 2009. Long term economic prospects potentially subdued:. Continued high unemployment Large increase in public debt Large overhang of private debt following recent housing and consumer booms

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APPG Equalities: Equality and the recession

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  1. APPG Equalities: Equality and the recession Andrea Murray, Acting Group Director Strategy 15 July 2009

  2. Long term economic prospects potentially subdued: • Continued high unemployment • Large increase in public debt • Large overhang of private debt following recent housing and consumer booms • Impact of demographic and environmental change • Need to monitor any structural change in economy

  3. Critical areas: • Impact on employment • Longer term impact of dealing with the worsened public finance position

  4. EHRC work on the equality impacts of the recession • Joint reports with DWP and GEO, the first just published • University of Warwick study on labour market performance of old/young, women/men, ethnic minorities and those with disabilities • Research into benefits/employment system interaction

  5. Labour market impacts (key observations from the EHRC/DWP/GEO report on equality impact of recession, June 2009): • Increase in unemployment and non-activity expected to worsen • Groups suffering most were those doing best prior to slowdown • Deterioration in labour market position of young people • Relatively stable performance of older workers – so far • So far men suffering more, but women in public sector may feel impact of tightening public finances • Ethnic minorities and the disabled relatively unaffected – so far (may just reflect lower levels of prior employment)

  6. University of Warwick study, broad findings: • Continued falling employment of white males • Fewer middle level jobs long term • Policy challenge: to train and support groups with lowest employment rates in jobs within growing sectors

  7. Key debate: What is appropriate mix between the options... • Likely continued pressure on public finances • Need to monitor size and nature and mix of: • Reductions in spending • Increases in taxes • Increase in the working age • Selling off public assets

  8. Over next year Commission will monitor: • Attitudes to equality • The future of the UK economy

  9. Conclusions: • Likely recovery slow compared with last recession? • Possible equality impacts of medium term measures to control public finances • Problems affecting most equality groups remain structural, not the recession

  10. ‘Building a society built on fairness and respect where people are confident in all aspects of their diversity.’

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