Chancellor responds to July labour market statistics

The Chancellor has responded to the publication of ONS labour market statistics for July 2022 . 

Chancellor of the Exchequer, Nadhim Zahawi said:

“Today’s figures underline how strong our jobs market continues to be, providing encouragement in uncertain economic times – as we know being in work is one of the best ways for people to get on and support their families.    

“I am acutely aware that rising prices are affecting how far people’s hard-earned income goes, so we are providing help for households through cash grants and tax cuts.

“We’re working alongside the Bank of England to bear down on inflation, providing support worth £37 billion this financial year for the cost of living, and investing in skills to help people get into work and progress.”