BRITAIN has the highest rate of workless households out of the major EU economies, according to a new report.
The Centre for Policy Studies says that 11.5 per cent of UK households are workless, compared to 10.8 in France, which is the second worst.
Dr Peter Warburton, author of the report, said that the boom decade between 1997-2007 had not benefited workless households.
Reducing the number of workless households by reforming the benefits system could have a major impact on growth, according to the report. It estimates that a 10 per cent drop in the number of workless households would equate to at least a one per cent increase in GDP.
“Increasing work participation is important not just for the families involved, but also... the British economy,” said CPS director Jill Kirby.