Payment protection claims and loan refunds could be used to help those who have recently been made unemployed steady their personal finances, as the chances of many people finding another job are seen by some as remote.The general secretary of Unison Dave Prentis has stated that the employment forecast looks bleak for many people currently in work.He said that the number of redundancies in the public sector is much higher than the Office for Budget Responsibility initially forecast and the government cannot expect the private sector to make up the shortfall."As unemployment and inflation figures look set to soar further, the chances of economic growth get slimmer by the second," he added.Mr Prentis recently stated that local government workers are having their morale lowered by job cuts and pay freezes. He warned that the country will suffer if these individuals continue to feel this way, as the services public sector workers provide are vital to the country's communities.Charles BakerCharles is a reputed financial analyst with decades of experience under his belt.
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