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Removing MERA will show true unemployment - Cannan

Treasury minister appears live on Mannin Line

Treasury is now working to understand what the true level of unemployment is on the Isle of Man - according to its minister.

Alf Cannan was appearing live on the Mannin Line this lunch time.

In the July budget update, Mr Cannan outlined how government's coronavirus support schemes are going to be withdrawn.

The Manx Earnings Replacement Allowance, or MERA, will drop from £200 to £100 a week after 3 August.

He says this will reveal the 'real' state of the Manx economy:

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