SHORT-TIME WORKING SUBSIDY

That this House calls on the Government to introduce subsidies to employers moving workers to short-time hours or making temporary lay-offs as a result of the economic difficulties caused by the recession; believes that such support would enable employers to avoid immediate redundancies and retain essential staff and skills, preventing unnecessary job losses; further believes that if linked to training, it would also enable longer-term workforce investment; further believes that such a measure is a quick and effective way to target support to struggling employers and providing financial support to employees during these difficult times; notes that similar subsidy packages have already been introduced in Wales, which has been welcomed by the right hon. Member for Kirkcaldy and Cowdenbeath, as well as in Germany, France, Spain, the Netherlands and Italy; welcomes the support of business organisations and trades unions; and calls on the Government to work with business representatives and trades unions to introduce a targeted subsidy package to support the sectors of the economy, such as manufacturing, that are in greatest need.