Queen’s Speech in UK : Is full employment a benefits cap ?

Legislation will be brought forward to help achieve full employment and provide people with the security of a job. New duties will require my ministers to report annually on job creation and apprenticeships.

Analysis: This is a reference to the full employment and welfare benefits bill, which, despite the title, seems to be devoted to lowering the benefits cap (the total a non-working family can receive in benefits) from £26,000 to £23,000 a year and freezing most working-age benefits for two years from 2016-17. But ministers will also have to present annual reports to parliament on the progress they are making towards achieving the highest employment in the G7 and creating 3m more apprenticeships.

Chosen excerpts by Job Market Monitor. Read the whole story at Queen’s speech: what Her Majesty said and what it means | Politics | The Guardian.