In modern Britain, employment remains the main source of material welfare. Discuss.

Employment and its relative significance in providing an employee with the necessary income to subsist, as well as providing social status and maintaining his or her psychological well-being has been long established. In modern Britain, employment remains the main source of material welfare , suggesting perhaps that the labour market is more important than the welfare state in determining an individuals’ welfare. As a result, such recognition has been a significant influence in welfare reform, the establishment of welfare systems and subsequent policy decisions relating to welfare in general….(short extract)

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