The rate of UK unemployment has risen above expectations to 4% in the three months to May, up from 3.8% in the previous three months AlannahFrancis1 reports
Chancellor Jeremy Hunt said the UK’s jobs market is strong and that unemployment was low by historical standards.
“Our labour market reforms – including expanding free childcare next year – will help to build the high-wage, high-growth, low-inflation economy we all want to see.” Asked if the Government would prefer pay rises in the public sector to stop, Work and Pensions Secretary Mel Stride toldprogramme: “I don’t think anybody’s talking about stopping pay rises to stop altogether but what is really important is just as the Bank of England is doing it’s bit on the monetary side from interest rates is that government does the right thing with fiscal policy to accommodate that, and that does mean leaning in to controlling wage growth wherever possible, principally in...
Shadow work and pensions secretary Jonathan Ashworth said the figures are “another dismal reflection of the Tories’ mismanagement of the economy over the last 13 years”.
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