Tuesday 18 Apr 2023 @ 15:15
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CBI responds to April 2023 labour market stats

Commenting on the latest labour market statistics, Matthew Percival, the CBI’s Director for People and Skills, said: 

“This data shows a worrying continuation of the main trends of recent months.

“A tight labour market means it is still difficult for firms to hire the people they need and high inflation means that the value of wages are falling.

“Both of these dynamics are acting as a drag on growth.”

 

Original article link: https://www.cbi.org.uk/media-centre/articles/cbi-responds-to-april-2023-labour-market-stats/

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