Rolling coverage of the latest economic and financial news, as UK wage growth softens over the last quarters and vacancies fall again
Minister for Employment, Jo Churchill MP, says:
‘This year the number of employees on payroll reached a record high in the UK Labour Market – up over 300,000 on the year’
‘Our transformational Back to Work plan with £2.5 billion will help thousands more people access the wide ranging benefits of work and boost our economy’.
“Today’s figures once again lay bare 13 years of Conservative economic mismanagement that is failing Britain.
We are the only G7 country with an employment rate that hasn’t returned to pre-pandemic levels and a record number of people are now locked out of work due to long term sickness. It’s bad for them, it’s bad for business and it’s bad for the taxpayer too.
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