Chancellor response to February labour market statistics

The Chancellor responded to the ONS February 2022 labour market statistics. 

Chancellor of the Exchequer, Rishi Sunak said:

"Our £400bn economic plan has protected our jobs market through the pandemic and it is now healthier than most could have hoped for. 

"Payrolled employee numbers are at a record high and redundancies are at an all time low thanks to our Plan for Jobs.

"We're continuing to help more people into work, and are providing support for the cost of living worth over £20 billion across this financial year and next."

Notes to editors

- The unemployment rate was over 1 percentage point lower by the end of 2021 than at the end of 2020.