Employers' Contributions: Employment

(asked on 24th March 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of reports that increased employer National Insurance contributions will lead to fewer jobs being available; and how this will affect individuals seeking employment.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 7th April 2025

The Office for Budget Responsibility’s March 2025 Economic and Fiscal Outlook (EFO) forecasts that, with all policies considered, the employment level will increase from 33.6 million in 2024 to 34.8 million in 2029.

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