Boris Johnson holds Cabinet meeting

The video discusses the UK's economic situation, highlighting the lowest unemployment levels since 1974 and the importance of maintaining a strong economy to combat inflation and energy costs. It emphasizes the need for skills training and infrastructure investment to support employment growth. The video also covers initiatives to transition people from welfare to work, with a focus on the 'Way to Work' scheme, aiming to create a high-wage, high-skill economy.

What is the current unemployment rate mentioned in the video?

• 5.2%

• 3.7%

• 4.5%

• 6.1%

Why is a strong economy crucial according to the video?

• To increase taxes

• To decrease exports

• To reduce government spending

• To handle inflation and labor shortages

What initiative is highlighted for skill development?

• Skill Up Initiative

• Employment Enhancement Scheme

• Lifetime Skills Guarantee

• National Training Program

How many people have been moved off welfare through the 'way to work' scheme?

• 500,000

• 100,000

• 250,000

• 380,000

Who is credited with the success of the 'way to work' scheme?

• The Chancellor of the Exchequer

• Tiz Coffee

• The Prime Minister

• The Secretary of State for Education