Employment Rate: OBR Forecast

Part of Work and Pensions – in the House of Commons at on 18 December 2023.

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Photo of Mel Stride Mel Stride Chair, Treasury Committee, The Secretary of State for Work and Pensions

I have already shared the figures with the House, which are that payroll employment is at a near historic high and unemployment is at a near historic low. As the hon. Lady will know, we have never had a Labour Government leave office with unemployment lower at the end of their term than when they started. Youth unemployment went up 45% under the Labour party, whereas under this Conservative Government it has reduced by 45%.