Thursday, February 07, 2019

6,000 employed under Labour

The labour market statistics have been released, showing that unemployment has risen to 4.3%. All up there are 120,000 unemployed - only 6,000 fewer than when the government took office. But buried in that there's worse news: underemployment is up, from 11.8% in 2017 to 12.1% today. Which insofar as it reflects people who want jobs being unable to get them, is bad news, especially for a Labour-led government.

The government needs to turn this around. Reducing unemployment is their key deliverable. And if they don't deliver on it, then people will rightly ask what the point of them is.