Crisis of insecure work

That this House expresses alarm at the £107 billion rise in wealth for those at the top; notes that the levels of insecure employment in the UK are worryingly high and that data from the Office for National Statistics published on 18 May 2021 shows unemployment at 1.6 million; further notes that 1.5 million are in temporary work and that 1 million part time workers are struggling to find a full time job; recognises that this means more than 4 million people are underemployed; also recognises that 5.5 million workers are paid below the living wage, 857,000 workers are employed on zero hours contacts and 2.2 million workers currently work fewer than 15 hours a week; believes that this is contributing to a cost of living crisis in the UK, where millions struggle to make ends meet; expresses concern about what the future holds for the 4 million workers still on furlough, as well as the growing number of employers using fire & rehire tactics across all sectors, including Weetabix and Argos this week; acknowledges that 100 million fewer hours of work are currently being undertaken in the UK economy; and calls on the Government to radically increase investment across the UK to increase productivity, create sustainable well paid jobs of the future and to do more to help the millions workers facing a very uncertain future.