John O'Neill

Employment figures show 42,000 more people in work

Employment figures out today show that the number of people in work rose by 42,000 in the three months to July, and the number of unemployed rose by 10,000 to 1.82 million. Earnings are growing strongly too, up by 2.9 per cent over the year for the whole economy, and by 3.4 per cent in the private sector.

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The Chancellor has used the numbers to warn of the risk Jeremy Corbyn poses to the economy. He said:

‘It is welcome news that pay packets are rising and jobs are being created. With wages up 2.9% over the year and inflation low, working people have received the fastest real terms rise in over a decade.

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