Rachel Reeves risks unemployment ‘on scale not seen for years’ | Politics | News
Rachel Reeves was warned about the risk of eliminating and creating unemployment and on a scale we haven’t seen for years. The chancellor is called to raise taxes that kill the workplace for more expenditures in connection with the more challenging rules on the rights of workers, since the unemployed rate of England has reached the highest level for four years.
According to experts, the surprise increase of unemployed people for efforts to ignite economic growth is “problems”.
Professor Len Shackleton of the Institute of Economic Affairs, warned that the government’s change is not too late ”, but at the level of employment threat.
“Today’s annoying labor market data shows that it envisages the impact of the national insurance hike and the cost of employment rights invoice of employers with falling payroll employment and empty positions when combined with increasing unemployment.
“However, it is not too late for the government to recognize it and return from some policies that have caused the decline of the labor market before encountering unemployment on a scale that we have not seen for years. [but] Governments are very slow. “
The latest figures show that wage growth is slowing down and unemployment increased from three months to 4.6%.
The conservatives warned that “even worse not came” with businesses who have previously prepared for more challenging workers’ rights than their higher national insurance contributions.
The average earning growth, except for bonuses, slowed down to 5% to the lowest level for almost three years.
Maxwell Marlow of Adam Smith Institute said: ısında The increase in unemployment is a problem for the government’s effort to grow. However, this should not come as a surprise.
“The poorly designed national insurance increase stopped hiring employers.”
Mr. Marlow said that the workers “decreased” while the employers struggled with “a constantly growing tax burden” and “higher energy bills than ever”.
Grim employment figures can increase taxes in the autumn budget of chancellor.
Mr. Marlow warned that increasing taxes will “destroy” and called for tax cuts.
Conservative Shadow Work and Pension Secretary Helen Whathely said: “Unemployment is embarrassing to rise on Labour’s Watch for the ninth month.
He described every loss of jobs as öntem a destructive blow to hardworking families throughout the country ”.
Jane Gratton, a British Chambers of Commerce, said that businesses described labor costs as “the biggest pressure ..
“In addition to widespread scarcity of skills, this continues to be a major challenge for the work that offers great risks for financial pressure, investment and productivity. The cost of £ 5 billion associated with the draft employment rights pose more threats to companies’ investment plans.
Employment Minister Alison McGoven said: uz We help more people to put more money in their work and pockets. Since last summer, 384,000 more jobs have been added to the economy, and real wages continue to rise and – when these last figures emphasized – we all feel the benefits of inactivity.
“But we must go further. Under our change plan, business centers all over the tick box culture changes to end the culture of the tick and to serve employers and those who need better work.”
