The Chancellor responded to the Office for National Statistics'
Labour Market Statistics
He said:
“It’s positive to see inflation continue to fall and real wages
growing.
At the Autumn Statement, I announced an ambitious set of measures
to get more people into work and boost economic growth. This
includes a significant expansion of health support and an over £9
billion per year tax cut for employees and the self-employed,
worth over £450 for the average worker,”.
Further information:
- Whole economy total pay growth has fallen from 8.5% in the
three months to July to 7.2% in the three month to October.
This fall in headline earnings growth partly reflects one-off
payments to parts of the NHS workforce in June no longer being
reflected in headline data.
- There were 30.2m employees on payroll in December, which is
1.2m above pre-pandemic levels
, Labour’s Shadow
Work and Pensions Secretary, responding to the
labour market statistics published this morning by the Office for
National Statistics, said:
“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.
“Labour’s plan to get Britain working will tackle the root causes
of economic inactivity by driving down NHS waiting lists,
reforming social security, making work pay and supporting people
into good jobs across every part of the country.”
