Saturday, 11 April 2015

UK can't wait to get back to work

The employment rate in the UK has reached a record high.

According to the Office for National Statistics, in fact, 73.3 per cent of the population is currently into work.  This is the highest rate since record began in 1971 and unemployment is at his lowest level since the credit crunch hit the country in 2008.

During the first three months of 2015 the number of those finding a job rose 143,000, bringing the total amount of workers to 30.1 million.

Prime Minister David Cameron has highlighted that these data mark an important milestone in the history of Great Britain, as it means an extra 1.9 million people with the “self-esteem and the financial security” that a job brings. His statements imply that the Conservative party has done a good job over the last five years and suggest to stick with this plan in the future.

It is probably not by chance that the UK General Election of 2015 is just a few weeks away.

Even though the fall in overall unemployment is a good factor for the whole country, it would be unfair not to mention that working people are still £1,600 a year worse off since 2010, according to Rachel Reeves, the shadow work and pensions secretary.

Earnings grew more slowly than expected with average pay up only 1.8 per cent on a year previously.

Moreover, most of these new jobs are part-time, short-hours or minimum wage.

The news that the inflation in March has dropped to zero for the very first time on record come as a relief for most people. However, how long will it last?

For a valued workforce in a valued sector, more has to be done  in the country.


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