Wired-GOV Newswire (news from other organisations)
Printable version

CBI response to ONS labour market statistics

The CBI has responded to the latest ONS labour market statistics for September to November 2016, which shows a 52,000 fall in unemployment.

Image of ONS labour market statistics response

The Office for National Statistics labour market statistics provide estimates of employment, unemployment, economic inactivity and other employment-related figures for the UK.

Rachel Smith, CBI Principal Labour Market Economist, said:

“The high levels of employment our flexible labour market generates remains a mainstay of the UK economy, and will be key to making a success of Brexit.

“However, pay growth is likely to be eroded by increasing inflation during this year, underlining the need for a regionally-focussed industrial strategy that powers the productivity growth that will enable wages to rise more swiftly.”

 

Share this article

Latest News from
Wired-GOV Newswire (news from other organisations)

Webinar: Taming the Content Sprawl - Tuesday, 4 October 2022 Online 10:00 - 11:00AM