Estimates of employment, unemployment, inactivity, average weekly
earnings, vacancies and other labour market related statistics
for the UK.
UK labour market: June
2023
Chancellor responds to
June’s labour market statistics
Chancellor the Exchequer said:
“The number of people in work has reached a record high, and the
IMF and OECD recently credited our major reforms at the Budget
which will help even more back into work while growing the
economy.
“But rising prices are continuing to eat into people’s pay checks
– so we must stick to our plan to halve inflation this year to
boost living standards.”
responds to today’s labour
market statistics
MP, Labour’s Shadow
Chancellor, responding to today’s labour market
statistics, said:
“Our country has enormous potential. We should be leading in the
industries of the future and creating good jobs across Britain,
but the Tories continue to hold us back.
“Family finances are being squeezed to breaking point by a
further fall in real wages, and record numbers of people are out
of work due to long-term sickness.
“13 years of the Tories and all we have is a gaping hole where
their plan for growth should be and a Tory mortgage penalty
damaging family finances for years to come.
“Labour will get people back into work, and with our mission to
secure the highest sustained growth in the G7, create good jobs
and productivity growth across every part of our country.”
“Family budgets can’t
take any more” – TUC
Commenting on today’s (Tuesday) ONS
labour market figures – which show that
despite high nominal pay growth
the real value of pay is still falling sharply and down
2.3% on this time last year (on CPI
measure) – TUC General Secretary
Paul Nowak
said:
“Working people have had
enough.
“Wages are still not keeping up with
inflation and family budgets can’t take any more
pressure.
“It’s no wonder workers are
reluctantly taking strike action to defend their living
standards. They’ve been backed into a corner and pushed to
breaking point.
“Ministers need to get round the table
and resolve all of the current pay
disputes.
“People need money in their pockets
now.
“The government must give public
sector workers a real pay rise, boost the minimum wage to £15 per
hour, and end their draconian attack on the right to strike in
the Strikes Bill.”
