Recession, catastrophe, impending economic doom was the cry from those ‘economic experts’ if the UK voted to leave the European Union. In reality, the employment rate is now at a record high 75.1%.
75.1% of people aged 16-64 in work for Apr-Jun 2017, highest employment rate on record https://t.co/fMyAEvoFsQ pic.twitter.com/ucxffgGbhB
— ONS (@ONS) August 16, 2017
The unemployment rate meanwhile is 4.4%, the lowest since 1975 with average weekly earnings also up 2.1%, higher than the forecast 1.8%.
A recent report showed wages rising at the fastest rate for 20 months, with starting salaries receiving a Brexit boost.
Britain is not heading for economic catastrophe – instead a clean Brexit will be great for workers and should result in wages rising for hardworking Brits.
No comments:
Post a Comment