Furlough not perfect but prevented mass unemployment, Sunak says
NeutralFinancial Markets

- Former Prime Minister Rishi Sunak, who served as Chancellor during the pandemic, stated that the furlough scheme, while not perfect, played a crucial role in preventing mass unemployment during the crisis. He emphasized that there was no established playbook for responding to such unprecedented circumstances.
- This statement highlights the challenges faced by government officials in navigating economic crises and underscores the importance of adaptive policy measures. Sunak's reflections may influence future discussions on economic preparedness and the effectiveness of emergency financial support systems.
— via World Pulse Now AI Editorial System





