Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of recent trends in the employment rate in the UK.
The employment rate is currently at a record high of 75.8%.
There are currently a record 32.5 million people in work. Over the last year, employment growth has been driven almost entirely by high skilled jobs and full-time workers.
Since the 2010 election we’ve seen over 3.5 million more people in employment – equivalent to an average of over 1,000 extra people in work every single day.
This is alongside an unemployment rate which has not been lower since 1975, wages growing at the fastest pace in over a decade, and 9 consecutive months of real wage growth.