Labour MP and welfare reform campaigner says thought would relieve counter higher unemployment rate among 50–64 age groupWorkers over 50 forced into lower-paid work after losing their jobs would receive an earnings top-up worth £200 a week under a national wage plan proposed by the Labour MP Frank Field.
The longstanding campaigner for welfare reform said employees aged between 50 and 64 should be eligible for government financial support worth £10000 a year for two years if they had a track record of paying their national insurance contributions. He said his thought would relieve counter higher rates of unemployment among the over-50s and would be politically popular because the public would see that they could benefit from their NICs.
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Source: theguardian.com