Friday, December 20, 2019

Employment at record high

New figures this week showed that the employment rate is at a record high – and wages have risen faster than prices for 21 months in a row, showing how this One Nation Conservative Government will continue to help people with the cost of living.

  • Figures show that average weekly earnings for employees increased by 3.5 per cent compared with a year earlier. 
  • In addition, the employment rate, and the number of people in full-time work are at record highs, just showing the progress we've made on improving our economy since 2010. 

This Conservative Government will invest in people’s priorities, and help them with the cost of living, including by increasing the National Living Wage to £10.50 per hour by 2024, and raising the National Insurance Contribution threshold, saving around £100 for 31 million people next year.

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