Improving national employment figures

 

It is good to see that the Government’s economic policies are improving the employment rate across the country.

Figures show that the employment rate in the UK remains at a record high of 31.8 million, which represents 74.5% of the working-age population. In addition, unemployment is steady at 4.9%, the lowest rate in a decade.

Of course, these headline figures are good to see, but there is more good news in the detail. For example, wages grew at an average of 2.3% over the past year, which is well above inflation. This means that more and more people are enjoying real-terms pay rises, taking pressure off family budgets. Also, youth unemployment is down by 300,000 since 2010, and the women in work rate remains near its record high of 69.7%.

I am proud to be part of a Government that has been able to achieve this, and I will continue to do all I can to improve the lives of people in North East Hertfordshire, and across the country.

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