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News Article

DWP: Employment Reaches Record High

Jul 17, 2017

The number of people in work in the UK has reached its highest level since records first began back in 1971, the Department of Work and Pensions, and the Office of National Statistics can now reveal.

The unemployment rate has also dropped to 4.5 per cent, the lowest it’s been since 1975. Female employment rate is at 70.4 per cent, with more than 15 million in work, while youth unemployment has dipped by 377,000 since 2010.

Damian Hinds, minister for employment, commented on the findings, saying: “Unemployment is low, employment is high and there are over three quarters of a million vacancies. This is great news for Britain and for millions of ordinary working families. We’re committed to delivering a welfare system which transforms lives and offers help to those who need it most, whatever their background or wherever they are from.”

However, issues with real wages still appear to be ever present, with the ONS also showing that real earnings have dropped by 0.5 per cent. Frances O’Grady, general secretary of the TUC, urged ministers to come up with a plan to see real wages increase across both the public and private sectors.

She recommended getting rid of “unfair” pay restrictions on public sector employees like midwives and nurses, while the minimum wage must also be raised to £10 as soon as is possible. Ms O’Grady also suggested focusing on insecurity at work, since those who do feel insecure in their jobs are less likely to go for pay rises that they deserve.

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